Hennion & Walsh Asset Management Inc. Grows Position in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Hennion & Walsh Asset Management Inc. grew its stake in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 227,802 shares of the investment management company’s stock after buying an additional 6,684 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 1.17% of Invesco Trust for Investment Grade New York Municipals worth $2,560,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Robinson Capital Management LLC increased its holdings in Invesco Trust for Investment Grade New York Municipals by 83.8% in the 4th quarter. Robinson Capital Management LLC now owns 383,936 shares of the investment management company’s stock worth $3,989,000 after acquiring an additional 175,000 shares in the last quarter. Sanders Morris Harris LLC purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the first quarter worth $419,000. Whitebox Advisors LLC bought a new stake in shares of Invesco Trust for Investment Grade New York Municipals during the 1st quarter valued at $393,000. Scarborough Advisors LLC purchased a new position in shares of Invesco Trust for Investment Grade New York Municipals during the 4th quarter valued at $260,000. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in Invesco Trust for Investment Grade New York Municipals by 171.3% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 14,141 shares of the investment management company’s stock worth $152,000 after buying an additional 8,928 shares during the period. Institutional investors own 34.87% of the company’s stock.

Invesco Trust for Investment Grade New York Municipals Trading Down 0.9 %

Shares of VTN stock opened at $11.24 on Tuesday. The stock has a fifty day simple moving average of $11.26 and a two-hundred day simple moving average of $10.86. Invesco Trust for Investment Grade New York Municipals has a 52-week low of $8.49 and a 52-week high of $11.48.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be paid a dividend of $0.0685 per share. This represents a $0.82 annualized dividend and a yield of 7.31%. The ex-dividend date of this dividend is Friday, August 16th.

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.