Pathstone Holdings LLC Increases Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Pathstone Holdings LLC boosted its holdings in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 45.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,112,444 shares of the investment management company’s stock after acquiring an additional 348,153 shares during the quarter. Pathstone Holdings LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $11,247,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Bank of Montreal Can grew its stake in Invesco Trust for Investment Grade Municipals by 4.0% during the 4th quarter. Bank of Montreal Can now owns 39,005 shares of the investment management company’s stock valued at $394,000 after acquiring an additional 1,504 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in Invesco Trust for Investment Grade Municipals by 3.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 56,861 shares of the investment management company’s stock valued at $574,000 after acquiring an additional 2,126 shares in the last quarter. Indiana Trust & Investment Management Co grew its stake in Invesco Trust for Investment Grade Municipals by 1.9% during the 4th quarter. Indiana Trust & Investment Management Co now owns 175,690 shares of the investment management company’s stock valued at $1,774,000 after acquiring an additional 3,198 shares in the last quarter. Leo Wealth LLC grew its stake in Invesco Trust for Investment Grade Municipals by 1.6% during the 4th quarter. Leo Wealth LLC now owns 221,650 shares of the investment management company’s stock valued at $2,239,000 after acquiring an additional 3,527 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Invesco Trust for Investment Grade Municipals by 24.4% during the 4th quarter. Cetera Investment Advisers now owns 21,177 shares of the investment management company’s stock valued at $214,000 after acquiring an additional 4,154 shares in the last quarter. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Stock Up 0.7%

Shares of NYSE VGM opened at $9.65 on Friday. Invesco Trust for Investment Grade Municipals has a 12-month low of $9.28 and a 12-month high of $10.70. The company has a 50-day moving average of $9.76 and a 200 day moving average of $10.03.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a $0.0646 dividend. The ex-dividend date is Friday, May 16th. This represents a $0.78 annualized dividend and a dividend yield of 8.03%.

Invesco Trust for Investment Grade Municipals 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.