Hennion & Walsh Asset Management Inc. Increases Stock Holdings in Inv Vk Invt Ny $VTN

Hennion & Walsh Asset Management Inc. raised its holdings in shares of Inv Vk Invt Ny (NYSE:VTN) by 87.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 473,944 shares of the investment management company’s stock after purchasing an additional 220,915 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Inv Vk Invt Ny were worth $5,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Aventura Private Wealth LLC purchased a new position in shares of Inv Vk Invt Ny during the 4th quarter worth approximately $46,000. Fingerlakes Wealth Management Inc. purchased a new stake in Inv Vk Invt Ny in the 3rd quarter valued at approximately $111,000. Susquehanna International Group LLP grew its holdings in Inv Vk Invt Ny by 17.6% during the 3rd quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock valued at $137,000 after buying an additional 1,861 shares during the last quarter. Alpine Global Management LLC acquired a new stake in Inv Vk Invt Ny during the 3rd quarter valued at $619,000. Finally, North Ground Capital increased its position in Inv Vk Invt Ny by 73.6% during the third quarter. North Ground Capital now owns 106,729 shares of the investment management company’s stock worth $1,176,000 after buying an additional 45,256 shares in the last quarter. Hedge funds and other institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Trading Up 1.0%

Inv Vk Invt Ny stock opened at $10.68 on Tuesday. The stock has a 50-day moving average price of $11.46 and a 200 day moving average price of $11.32. Inv Vk Invt Ny has a 52 week low of $9.49 and a 52 week high of $12.10.

Inv Vk Invt Ny Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.0685 per share. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Monday, March 16th.

Inv Vk Invt Ny Company Profile

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.