Pathstone Holdings LLC Purchases 163,705 Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Pathstone Holdings LLC boosted its position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 27.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 764,291 shares of the investment management company’s stock after acquiring an additional 163,705 shares during the quarter. Pathstone Holdings LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $8,071,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Comerica Bank increased its position in shares of Invesco Trust for Investment Grade Municipals by 661.9% during the 1st quarter. Comerica Bank now owns 4,000 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 3,475 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in Invesco Trust for Investment Grade Municipals during the second quarter valued at approximately $107,000. Raymond James & Associates raised its position in Invesco Trust for Investment Grade Municipals by 14.8% in the second quarter. Raymond James & Associates now owns 117,066 shares of the investment management company’s stock worth $1,202,000 after acquiring an additional 15,063 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Invesco Trust for Investment Grade Municipals by 5.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 56,535 shares of the investment management company’s stock worth $581,000 after acquiring an additional 3,099 shares during the last quarter. Finally, All Season Financial Advisors Inc. bought a new stake in shares of Invesco Trust for Investment Grade Municipals during the 2nd quarter valued at $161,000. Institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Price Performance

VGM stock opened at $10.16 on Friday. The company’s fifty day moving average price is $10.38 and its 200-day moving average price is $10.27. Invesco Trust for Investment Grade Municipals has a one year low of $9.34 and a one year high of $10.70.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.0646 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.63%.

Invesco Trust for Investment Grade Municipals 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.