Inv Vk Invt Ny (NYSE:VTN) Declares Monthly Dividend of $0.07

Inv Vk Invt Ny (NYSE:VTN) declared a monthly dividend on Friday, May 1st. Investors of record on Thursday, May 14th will be paid a dividend of 0.0685 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Thursday, May 14th.

Inv Vk Invt Ny Stock Down 0.6%

Shares of VTN stock opened at $11.17 on Tuesday. Inv Vk Invt Ny has a one year low of $9.97 and a one year high of $12.10. The stock has a fifty day moving average price of $11.17 and a 200 day moving average price of $11.35.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP lifted its position in Inv Vk Invt Ny by 17.6% in the third quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock worth $137,000 after purchasing an additional 1,861 shares during the period. Aventura Private Wealth LLC bought a new position in Inv Vk Invt Ny in the fourth quarter worth $46,000. LPL Financial LLC raised its stake in Inv Vk Invt Ny by 20.0% during the fourth quarter. LPL Financial LLC now owns 40,266 shares of the investment management company’s stock worth $463,000 after acquiring an additional 6,699 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Inv Vk Invt Ny by 6.8% during the second quarter. Bank of America Corp DE now owns 112,148 shares of the investment management company’s stock valued at $1,171,000 after acquiring an additional 7,184 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Inv Vk Invt Ny by 7.5% during the fourth quarter. Royal Bank of Canada now owns 170,015 shares of the investment management company’s stock valued at $1,957,000 after acquiring an additional 11,900 shares during the period. 34.87% of the stock is owned by institutional investors.

About Inv Vk Invt Ny

Invesco Trust for Investment Grade New York 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. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.