N.E.W. Advisory Services LLC Has $1.29 Million Position in Inv Vk Tr Inv $VGM

N.E.W. Advisory Services LLC raised its holdings in Inv Vk Tr Inv (NYSE:VGM) by 150.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 124,460 shares of the investment management company’s stock after buying an additional 74,675 shares during the period. N.E.W. Advisory Services LLC owned 0.23% of Inv Vk Tr Inv worth $1,291,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VGM. Hennion & Walsh Asset Management Inc. increased its stake in Inv Vk Tr Inv by 1,650.4% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 498,772 shares of the investment management company’s stock valued at $5,172,000 after buying an additional 470,277 shares during the last quarter. Bank of America Corp DE increased its stake in Inv Vk Tr Inv by 28.1% in the 2nd quarter. Bank of America Corp DE now owns 434,009 shares of the investment management company’s stock valued at $4,119,000 after buying an additional 95,282 shares during the last quarter. Leo Wealth LLC increased its stake in Inv Vk Tr Inv by 43.6% in the 4th quarter. Leo Wealth LLC now owns 261,050 shares of the investment management company’s stock valued at $2,707,000 after buying an additional 79,256 shares during the last quarter. World Investment Advisors acquired a new stake in Inv Vk Tr Inv in the 3rd quarter valued at $565,000. Finally, Cetera Investment Advisers increased its stake in Inv Vk Tr Inv by 152.5% in the 2nd quarter. Cetera Investment Advisers now owns 60,776 shares of the investment management company’s stock valued at $577,000 after buying an additional 36,707 shares during the last quarter. 38.13% of the stock is currently owned by institutional investors and hedge funds.

Inv Vk Tr Inv Trading Down 0.6%

Shares of VGM stock opened at $10.13 on Friday. Inv Vk Tr Inv has a 1 year low of $9.37 and a 1 year high of $10.66. The firm’s fifty day moving average price is $10.25 and its two-hundred day moving average price is $10.26.

Inv Vk Tr Inv Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 14th will be paid a $0.0646 dividend. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Tuesday, April 14th.

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.