Invesco Trust for Investment Grade Municipals (NYSE:VGM) Shares Sold by Fiera Capital Corp

Fiera Capital Corp cut its holdings in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 30.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 556,355 shares of the investment management company’s stock after selling 245,339 shares during the quarter. Fiera Capital Corp’s holdings in Invesco Trust for Investment Grade Municipals were worth $5,714,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. CENTRAL TRUST Co purchased a new position in Invesco Trust for Investment Grade Municipals in the 1st quarter worth approximately $29,000. Comerica Bank increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 661.9% in the first 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. Financial Management Professionals Inc. purchased a new position in Invesco Trust for Investment Grade Municipals during the first quarter worth approximately $56,000. SageView Advisory Group LLC acquired a new position in Invesco Trust for Investment Grade Municipals during the first quarter worth $92,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in Invesco Trust for Investment Grade Municipals in the 2nd quarter valued at $107,000. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Stock Up 0.1 %

Shares of VGM opened at $10.42 on Wednesday. Invesco Trust for Investment Grade Municipals has a 52-week low of $8.15 and a 52-week high of $10.52. The stock has a fifty day simple moving average of $10.33 and a two-hundred day simple moving average of $10.02.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were given a dividend of $0.0646 per share. This represents a $0.78 annualized dividend and a yield of 7.44%. The ex-dividend date was Friday, August 16th.

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.