Wealth Care LLC Acquires Shares of 50,000 Inv Vk Tr Inv $VGM

Wealth Care LLC acquired a new position in shares of Inv Vk Tr Inv (NYSE:VGM) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 50,000 shares of the investment management company’s stock, valued at approximately $494,000. Wealth Care LLC owned 0.09% of Inv Vk Tr Inv at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VGM. Guggenheim Capital LLC increased its holdings in shares of Inv Vk Tr Inv by 5.0% in the fourth quarter. Guggenheim Capital LLC now owns 1,242,714 shares of the investment management company’s stock valued at $12,887,000 after purchasing an additional 58,922 shares during the period. LPL Financial LLC lifted its holdings in shares of Inv Vk Tr Inv by 12.7% during the fourth quarter. LPL Financial LLC now owns 855,464 shares of the investment management company’s stock worth $8,871,000 after purchasing an additional 96,570 shares during the period. UBS Group AG grew its position in Inv Vk Tr Inv by 2.8% in the 4th quarter. UBS Group AG now owns 568,689 shares of the investment management company’s stock valued at $5,897,000 after buying an additional 15,267 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position 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. Finally, Bank of America Corp DE grew its position in Inv Vk Tr Inv by 14.3% in the 3rd quarter. Bank of America Corp DE now owns 495,908 shares of the investment management company’s stock valued at $5,019,000 after buying an additional 61,899 shares during the last quarter. 38.13% of the stock is currently owned by hedge funds and other institutional investors.

Inv Vk Tr Inv Price Performance

Shares of VGM opened at $10.56 on Wednesday. Inv Vk Tr Inv has a 1 year low of $9.37 and a 1 year high of $10.66. The company’s fifty day moving average is $10.23 and its two-hundred day moving average is $10.28.

Inv Vk Tr Inv Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.0646 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 7.3%.

Inv Vk Tr Inv 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.