Landscape Capital Management L.L.C. Invests $236,000 in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Landscape Capital Management L.L.C. purchased a new stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 23,365 shares of the investment management company’s stock, valued at approximately $236,000.

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

Invesco Trust for Investment Grade Municipals Price Performance

VGM stock opened at $9.53 on Wednesday. Invesco Trust for Investment Grade Municipals has a 52 week low of $9.47 and a 52 week high of $10.70. The firm has a 50-day simple moving average of $10.07 and a 200-day simple moving average of $10.19.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.0646 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.78 annualized dividend and a dividend yield of 8.13%.

Invesco Trust for Investment Grade Municipals 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.