World Investment Advisors Invests $565,000 in Inv Vk Tr Inv $VGM

World Investment Advisors acquired a new stake in Inv Vk Tr Inv (NYSE:VGM) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 55,834 shares of the investment management company’s stock, valued at approximately $565,000.

A number of other large investors have also added to or reduced their stakes in VGM. Gridiron Partners LLC grew its holdings in Inv Vk Tr Inv by 1,048.6% during the 3rd quarter. Gridiron Partners LLC now owns 1,722,730 shares of the investment management company’s stock worth $17,434,000 after acquiring an additional 1,572,747 shares during the last quarter. Guggenheim Capital LLC raised its stake in shares of Inv Vk Tr Inv by 23.7% during the second quarter. Guggenheim Capital LLC now owns 1,088,357 shares of the investment management company’s stock valued at $10,329,000 after acquiring an additional 208,225 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Inv Vk Tr Inv by 28.1% during the second quarter. Bank of America Corp DE now owns 434,009 shares of the investment management company’s stock worth $4,119,000 after purchasing an additional 95,282 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Inv Vk Tr Inv by 40.8% during the first quarter. Advisors Asset Management Inc. now owns 208,615 shares of the investment management company’s stock worth $2,078,000 after purchasing an additional 60,405 shares during the period. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Inv Vk Tr Inv in the second quarter worth $559,000. Institutional investors own 38.13% of the company’s stock.

Inv Vk Tr Inv Stock Performance

NYSE VGM opened at $10.32 on Tuesday. Inv Vk Tr Inv has a twelve month low of $9.28 and a twelve month high of $10.41. The stock has a fifty day simple moving average of $10.22 and a 200 day simple moving average of $9.89.

Inv Vk Tr Inv Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a $0.0646 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a c) annualized dividend and a dividend yield of 7.5%.

Inv Vk Tr Inv 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.