Wealth Care LLC Makes New Investment in Inv Vk Tr Inv $VGM

Wealth Care LLC bought a new position in shares of Inv Vk Tr Inv (NYSE:VGM) in the first quarter, HoldingsChannel reports. The firm bought 50,000 shares of the investment management company’s stock, valued at approximately $494,000.

A number of other large investors have also modified their holdings of the business. Apella Capital LLC purchased a new stake in shares of Inv Vk Tr Inv in the first quarter valued at approximately $134,000. World Investment Advisors raised its position in Inv Vk Tr Inv by 21.2% in the fourth quarter. World Investment Advisors now owns 67,694 shares of the investment management company’s stock worth $702,000 after acquiring an additional 11,860 shares in the last quarter. Virtu Financial LLC purchased a new position in Inv Vk Tr Inv in the fourth quarter worth $162,000. NewEdge Advisors LLC raised its position in Inv Vk Tr Inv by 36.3% in the fourth quarter. NewEdge Advisors LLC now owns 58,715 shares of the investment management company’s stock worth $609,000 after acquiring an additional 15,645 shares in the last quarter. Finally, Claro Advisors Inc. lifted its holdings in Inv Vk Tr Inv by 32.1% in the fourth quarter. Claro Advisors Inc. now owns 113,427 shares of the investment management company’s stock valued at $1,176,000 after acquiring an additional 27,590 shares during the period. 38.13% of the stock is owned by hedge funds and other institutional investors.

Inv Vk Tr Inv Stock Performance

Shares of NYSE VGM opened at $10.56 on Wednesday. Inv Vk Tr Inv has a one year low of $9.37 and a one year high of $10.66. The company’s fifty day moving average is $10.23 and its two-hundred day moving average is $10.28.

Inv Vk Tr Inv Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.0646 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Monday, June 15th.

Inv Vk Tr Inv 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.