Cohen & Steers Inc. Buys 5,000 Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Cohen & Steers Inc. grew its position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 20.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,000 shares of the investment management company’s stock after buying an additional 5,000 shares during the quarter. Cohen & Steers Inc.’s holdings in Invesco Trust for Investment Grade Municipals were worth $303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. bought a new position in Invesco Trust for Investment Grade Municipals in the fourth quarter valued at about $71,000. Capital Investment Advisors LLC purchased a new stake in shares of Invesco Trust for Investment Grade Municipals during the 4th quarter valued at about $134,000. Janney Montgomery Scott LLC bought a new position in shares of Invesco Trust for Investment Grade Municipals in the 4th quarter worth approximately $150,000. Permanent Capital Management LP purchased a new position in shares of Invesco Trust for Investment Grade Municipals in the fourth quarter worth approximately $154,000. Finally, StoneX Group Inc. bought a new stake in Invesco Trust for Investment Grade Municipals during the fourth quarter valued at approximately $197,000. 38.13% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Trust for Investment Grade Municipals Trading Up 0.4 %

VGM opened at $9.65 on Wednesday. Invesco Trust for Investment Grade Municipals has a 1-year low of $9.28 and a 1-year high of $10.70. The firm’s 50 day simple moving average is $10.01 and its two-hundred day simple moving average is $10.15.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.0646 per share. The ex-dividend date is Wednesday, April 16th. This represents a $0.78 annualized dividend and a yield of 8.03%.

About Invesco Trust for Investment Grade Municipals

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.