Indiana Trust & Investment Management Co Acquires 3,198 Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Indiana Trust & Investment Management Co grew its stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 175,690 shares of the investment management company’s stock after buying an additional 3,198 shares during the period. Indiana Trust & Investment Management Co’s holdings in Invesco Trust for Investment Grade Municipals were worth $1,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Pathstone Holdings LLC increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 27.3% in the third quarter. Pathstone Holdings LLC now owns 764,291 shares of the investment management company’s stock worth $8,071,000 after purchasing an additional 163,705 shares during the last quarter. Absolute Investment Advisers LLC purchased a new position in Invesco Trust for Investment Grade Municipals during the 4th quarter valued at approximately $1,091,000. HighTower Advisors LLC purchased a new position in Invesco Trust for Investment Grade Municipals during the 3rd quarter valued at approximately $429,000. Leo Wealth LLC increased its stake in Invesco Trust for Investment Grade Municipals by 11.5% in the 3rd quarter. Leo Wealth LLC now owns 218,123 shares of the investment management company’s stock worth $2,303,000 after acquiring an additional 22,415 shares during the last quarter. Finally, Dakota Wealth Management raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 17.2% during the 4th quarter. Dakota Wealth Management now owns 105,500 shares of the investment management company’s stock worth $1,066,000 after acquiring an additional 15,500 shares in the last quarter. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Price Performance

VGM stock opened at $10.19 on Wednesday. The firm has a fifty day moving average price of $10.12 and a 200 day moving average price of $10.29. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.47 and a fifty-two week high of $10.70.

Invesco Trust for Investment Grade Municipals Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be issued a $0.0646 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.61%.

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.