Invesco Trust for Investment Grade Municipals (NYSE:VGM) Shares Sold by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC lessened its stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 67,364 shares of the investment management company’s stock after selling 4,180 shares during the quarter. Tyche Wealth Partners LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stifel Financial Corp lifted its position in shares of 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 purchasing an additional 1,896 shares in the last quarter. HighTower Advisors LLC purchased a new stake in Invesco Trust for Investment Grade Municipals during the 3rd quarter worth $429,000. Indiana Trust & Investment Management Co lifted its holdings in Invesco Trust for Investment Grade Municipals by 1.2% in the 3rd quarter. Indiana Trust & Investment Management Co now owns 172,492 shares of the investment management company’s stock worth $1,822,000 after buying an additional 2,112 shares in the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Invesco Trust for Investment Grade Municipals by 16.1% during the third quarter. Dynamic Advisor Solutions LLC now owns 12,950 shares of the investment management company’s stock worth $137,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Kercheville Advisors LLC lifted its stake in shares of Invesco Trust for Investment Grade Municipals by 8.3% in the third quarter. Kercheville Advisors LLC now owns 13,463 shares of the investment management company’s stock worth $142,000 after acquiring an additional 1,027 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 Stock Performance

Shares of NYSE:VGM opened at $10.21 on Thursday. The company has a fifty day simple moving average of $10.14 and a 200 day simple moving average of $10.29. Invesco Trust for Investment Grade Municipals has a 12-month low of $9.47 and a 12-month 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. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.0646 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.78 annualized dividend and a yield of 7.59%.

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.