Invesco Trust for Investment GradeMncpls (NYSE:VGM) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN raised its holdings in Invesco Trust for Investment GradeMncpls (NYSE:VGM) by 0.2% in the 2nd quarter, HoldingsChannel reports. The fund owned 379,649 shares of the investment management company’s stock after acquiring an additional 838 shares during the period. Wells Fargo & Company MN’s holdings in Invesco Trust for Investment GradeMncpls were worth $4,810,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Ibex Wealth Advisors acquired a new position in Invesco Trust for Investment GradeMncpls in the 2nd quarter valued at $178,000. Robinson Capital Management LLC boosted its holdings in Invesco Trust for Investment GradeMncpls by 20.4% during the second quarter. Robinson Capital Management LLC now owns 654,319 shares of the investment management company’s stock worth $8,297,000 after buying an additional 111,000 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Invesco Trust for Investment GradeMncpls by 19.1% during the second quarter. Commonwealth Equity Services LLC now owns 25,203 shares of the investment management company’s stock worth $319,000 after buying an additional 4,039 shares in the last quarter. First Trust Advisors LP boosted its holdings in Invesco Trust for Investment GradeMncpls by 8.5% during the first quarter. First Trust Advisors LP now owns 59,929 shares of the investment management company’s stock worth $743,000 after buying an additional 4,692 shares in the last quarter. Finally, Belpointe Asset Management LLC bought a new stake in Invesco Trust for Investment GradeMncpls during the first quarter worth approximately $132,000. Institutional investors own 15.78% of the company’s stock.

NYSE:VGM traded up $0.08 during trading hours on Thursday, reaching $12.82. 30,318 shares of the company’s stock were exchanged, compared to its average volume of 135,561. Invesco Trust for Investment GradeMncpls has a 12 month low of $11.20 and a 12 month high of $13.27. The business’s 50-day simple moving average is $13.07 and its two-hundred day simple moving average is $12.59.

The company also recently declared a — dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 18th will be given a $0.0516 dividend. The ex-dividend date is Tuesday, September 17th. This represents a dividend yield of 4.7%.

Invesco Trust for Investment GradeMncpls Company Profile

Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.

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Institutional Ownership by Quarter for Invesco Trust for Investment GradeMncpls (NYSE:VGM)

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