Greatmark Investment Partners Inc. Cuts Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Greatmark Investment Partners Inc. trimmed its position in Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 214,500 shares of the investment management company’s stock after selling 2,050 shares during the quarter. Greatmark Investment Partners Inc.’s holdings in Invesco Trust for Investment Grade Municipals were worth $2,166,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Permanent Capital Management LP purchased a new position in shares of Invesco Trust for Investment Grade Municipals in the 4th quarter worth about $154,000. Raymond James Financial Inc. purchased a new position in shares of Invesco Trust for Investment Grade Municipals in the 4th quarter worth about $2,110,000. Robinson Capital Management LLC raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 44.5% in the 4th quarter. Robinson Capital Management LLC now owns 1,381,874 shares of the investment management company’s stock worth $13,957,000 after purchasing an additional 425,602 shares during the period. Van ECK Associates Corp raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 3.1% in the 4th quarter. Van ECK Associates Corp now owns 406,392 shares of the investment management company’s stock worth $4,105,000 after purchasing an additional 12,316 shares during the period. Finally, Indiana Trust & Investment Management Co raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 1.9% during the 4th quarter. Indiana Trust & Investment Management Co now owns 175,690 shares of the investment management company’s stock valued at $1,774,000 after buying an additional 3,198 shares during the period. 38.13% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Trust for Investment Grade Municipals Trading Up 0.3 %

Shares of NYSE:VGM opened at $10.10 on Friday. Invesco Trust for Investment Grade Municipals has a one year low of $9.47 and a one year high of $10.70. The business’s 50-day simple moving average is $10.13 and its 200 day simple moving average is $10.26.

Invesco Trust for Investment Grade Municipals Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.0646 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.78 annualized dividend and a dividend yield of 7.68%.

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.