Wolverine Asset Management LLC Buys 12,655 Shares of Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Wolverine Asset Management LLC raised its stake in shares of Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) by 1,314.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,618 shares of the investment management company’s stock after acquiring an additional 12,655 shares during the period. Wolverine Asset Management LLC’s holdings in Invesco Trust for Investment Grade New York Municipals were worth $143,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VTN. Rivernorth Capital Management LLC lifted its stake in Invesco Trust for Investment Grade New York Municipals by 21.4% during the 3rd quarter. Rivernorth Capital Management LLC now owns 197,573 shares of the investment management company’s stock valued at $2,278,000 after acquiring an additional 34,827 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in Invesco Trust for Investment Grade New York Municipals by 2.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,293 shares of the investment management company’s stock valued at $1,605,000 after acquiring an additional 3,075 shares during the period. PFG Investments LLC bought a new position in Invesco Trust for Investment Grade New York Municipals during the 4th quarter valued at about $112,000. Finally, Joseph P. Lucia & Associates LLC lifted its stake in Invesco Trust for Investment Grade New York Municipals by 131.3% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 26,064 shares of the investment management company’s stock valued at $273,000 after acquiring an additional 14,797 shares during the period. Institutional investors own 34.87% of the company’s stock.

Invesco Trust for Investment Grade New York Municipals Trading Down 0.1 %

Shares of NYSE:VTN opened at $10.64 on Tuesday. The firm’s 50 day moving average price is $10.49 and its 200-day moving average price is $11.07. Invesco Trust for Investment Grade New York Municipals has a twelve month low of $10.16 and a twelve month high of $11.68.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be paid a $0.0685 dividend. This represents a $0.82 annualized dividend and a dividend yield of 7.73%. The ex-dividend date of this dividend is Tuesday, February 18th.

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.