Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) Shares Sold by Morgan Stanley


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Morgan Stanley decreased its stake in shares of Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) by 6.5% during the third quarter, HoldingsChannel reports. The firm owned 114,240 shares of the investment management company’s stock after selling 7,929 shares during the quarter. Morgan Stanley’s holdings in Invesco Trust for Investment Grade New York Municipals were worth $1,414,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sanders Morris Harris LLC acquired a new position in Invesco Trust for Investment Grade New York Municipals during the 3rd quarter valued at approximately $356,000. Robinson Capital Management LLC increased its stake in shares of Invesco Trust for Investment Grade New York Municipals by 21.7% in the third quarter. Robinson Capital Management LLC now owns 250,641 shares of the investment management company’s stock worth $3,103,000 after acquiring an additional 44,770 shares during the period. Tortoise Investment Management LLC acquired a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the third quarter worth $2,829,000. Karpus Management Inc. increased its stake in shares of Invesco Trust for Investment Grade New York Municipals by 4.2% in the third quarter. Karpus Management Inc. now owns 557,070 shares of the investment management company’s stock worth $6,897,000 after acquiring an additional 22,421 shares during the period. Finally, Guggenheim Capital LLC increased its stake in shares of Invesco Trust for Investment Grade New York Municipals by 5.6% in the third quarter. Guggenheim Capital LLC now owns 341,534 shares of the investment management company’s stock worth $4,228,000 after acquiring an additional 17,987 shares during the period.

NYSE:VTN opened at $12.94 on Thursday. Invesco Trust for Investment Grade New York Municipals has a 1-year low of $9.26 and a 1-year high of $14.00. The company’s fifty day moving average price is $12.78 and its 200-day moving average price is $12.50.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 29th. Stockholders of record on Friday, January 15th will be paid a $0.0458 dividend. The ex-dividend date is Thursday, January 14th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 4.25%.

Invesco Trust for Investment Grade New York Municipals 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.

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Institutional Ownership by Quarter for Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

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