Wedbush Securities Inc. Decreases Holdings in Invesco Van Kmpn Trst Fr Invst Grd Mncpl (VGM)

Share on StockTwits

Wedbush Securities Inc. reduced its stake in Invesco Van Kmpn Trst Fr Invst Grd Mncpl (NYSE:VGM) by 75.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,523 shares of the investment management company’s stock after selling 40,647 shares during the period. Wedbush Securities Inc.’s holdings in Invesco Van Kmpn Trst Fr Invst Grd Mncpl were worth $155,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VGM. Sit Investment Associates Inc. increased its holdings in shares of Invesco Van Kmpn Trst Fr Invst Grd Mncpl by 18.3% in the fourth quarter. Sit Investment Associates Inc. now owns 903,592 shares of the investment management company’s stock valued at $10,373,000 after purchasing an additional 139,805 shares during the last quarter. City of London Investment Management Co. Ltd. acquired a new position in shares of Invesco Van Kmpn Trst Fr Invst Grd Mncpl in the third quarter valued at about $1,547,000. NINE MASTS CAPITAL Ltd grew its stake in shares of Invesco Van Kmpn Trst Fr Invst Grd Mncpl by 2,062.1% in the third quarter. NINE MASTS CAPITAL Ltd now owns 125,400 shares of the investment management company’s stock valued at $1,490,000 after acquiring an additional 119,600 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Invesco Van Kmpn Trst Fr Invst Grd Mncpl by 38.1% in the third quarter. Wells Fargo & Company MN now owns 411,881 shares of the investment management company’s stock valued at $4,894,000 after acquiring an additional 113,610 shares in the last quarter. Finally, Northern Capital Management LLC grew its stake in shares of Invesco Van Kmpn Trst Fr Invst Grd Mncpl by 45.1% in the third quarter. Northern Capital Management LLC now owns 235,865 shares of the investment management company’s stock valued at $2,802,000 after acquiring an additional 73,300 shares in the last quarter. Hedge funds and other institutional investors own 11.24% of the company’s stock.

Shares of VGM stock remained flat at $$12.16 on Monday. 14,723 shares of the company traded hands, compared to its average volume of 142,599. Invesco Van Kmpn Trst Fr Invst Grd Mncpl has a fifty-two week low of $11.20 and a fifty-two week high of $12.65.

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Wednesday, February 13th will be paid a $0.0516 dividend. The ex-dividend date of this dividend is Tuesday, February 12th. This represents a $0.62 annualized dividend and a dividend yield of 5.09%.

TRADEMARK VIOLATION WARNING: This report was first reported by Week Herald and is owned by of Week Herald. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this report can be read at https://weekherald.com/2019/02/11/wedbush-securities-inc-decreases-holdings-in-invesco-van-kmpn-trst-fr-invst-grd-mncpl-vgm.html.

About Invesco Van Kmpn Trst Fr Invst Grd Mncpl

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.

Featured Article: The Role of a Fiduciary and Individual Investors

Want to see what other hedge funds are holding VGM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Van Kmpn Trst Fr Invst Grd Mncpl (NYSE:VGM).

Institutional Ownership by Quarter for Invesco Van Kmpn Trst Fr Invst Grd Mncpl (NYSE:VGM)

Receive News & Ratings for Invesco Van Kmpn Trst Fr Invst Grd Mncpl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Van Kmpn Trst Fr Invst Grd Mncpl and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply