Wolverine Asset Management LLC Raises Stock Position in 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 fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,618 shares of the investment management company’s stock after purchasing an additional 12,655 shares during the quarter. Wolverine Asset Management LLC owned approximately 0.07% of Invesco Trust for Investment Grade New York Municipals worth $143,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VTN. PFG Investments LLC purchased a new position in Invesco Trust for Investment Grade New York Municipals during the 4th quarter valued at $112,000. Joseph P. Lucia & Associates LLC grew its position in shares of Invesco Trust for Investment Grade New York Municipals by 131.3% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 26,064 shares of the investment management company’s stock worth $273,000 after buying an additional 14,797 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Invesco Trust for Investment Grade New York Municipals by 2.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,293 shares of the investment management company’s stock worth $1,605,000 after buying an additional 3,075 shares during the period. Finally, Rivernorth Capital Management LLC grew its position in shares of Invesco Trust for Investment Grade New York Municipals by 21.4% in the 3rd quarter. Rivernorth Capital Management LLC now owns 197,573 shares of the investment management company’s stock worth $2,278,000 after buying an additional 34,827 shares during the period. 34.87% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Invesco Trust for Investment Grade New York Municipals stock opened at $10.64 on Tuesday. The firm’s 50-day moving average is $10.49 and its 200 day moving average is $11.07. Invesco Trust for Investment Grade New York Municipals has a 1 year low of $10.16 and a 1 year high of $11.68.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a $0.0685 dividend. This represents a $0.82 dividend on an annualized basis and a 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.