Mountain Hill Investment Partners Corp. Makes New $71,000 Investment in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Mountain Hill Investment Partners Corp. bought a new position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,000 shares of the investment management company’s stock, valued at approximately $71,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Rockefeller Capital Management L.P. grew its holdings in Invesco Trust for Investment Grade Municipals by 1.7% in the third quarter. Rockefeller Capital Management L.P. now owns 60,619 shares of the investment management company’s stock worth $640,000 after purchasing an additional 1,030 shares during the last quarter. Stifel Financial Corp grew its holdings in Invesco Trust for Investment Grade Municipals by 1.1% during the third quarter. Stifel Financial Corp now owns 167,271 shares of the investment management company’s stock worth $1,766,000 after acquiring an additional 1,896 shares during the period. Capital Investment Advisory Services LLC increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 3.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 56,861 shares of the investment management company’s stock valued at $574,000 after purchasing an additional 2,126 shares in the last quarter. Melone Private Wealth LLC increased its holdings in Invesco Trust for Investment Grade Municipals by 1.6% in the fourth quarter. Melone Private Wealth LLC now owns 174,333 shares of the investment management company’s stock valued at $1,761,000 after buying an additional 2,684 shares in the last quarter. Finally, Avior Wealth Management LLC raised its holdings in Invesco Trust for Investment Grade Municipals by 20.4% in the 3rd quarter. Avior Wealth Management LLC now owns 18,576 shares of the investment management company’s stock worth $196,000 after purchasing an additional 3,152 shares during the period. 38.13% of the stock is owned by institutional investors.

Invesco Trust for Investment Grade Municipals Stock Up 0.7 %

VGM opened at $10.08 on Monday. Invesco Trust for Investment Grade Municipals has a 52-week low of $9.47 and a 52-week high of $10.70. The firm’s fifty day simple moving average is $10.12 and its two-hundred day simple moving average is $10.24.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.0646 per share. This represents a $0.78 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date of this dividend is Monday, March 17th.

About Invesco Trust for Investment Grade Municipals

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.