Inv Vk Tr Inv (VGM) To Go Ex-Dividend on September 14th

Inv Vk Tr Inv (NYSE:VGM) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be given a dividend of 0.0646 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Monday, September 14th.

Inv Vk Tr Inv Stock Performance

VGM opened at $9.87 on Friday. The stock’s fifty day simple moving average is $10.30 and its 200 day simple moving average is $10.26. Inv Vk Tr Inv has a 1-year low of $9.57 and a 1-year high of $10.66.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in Inv Vk Tr Inv by 0.4% in the 4th quarter. Stifel Financial Corp now owns 245,207 shares of the investment management company’s stock worth $2,543,000 after purchasing an additional 1,047 shares in the last quarter. Compound Planning Inc. grew its holdings in shares of Inv Vk Tr Inv by 7.0% during the 1st quarter. Compound Planning Inc. now owns 17,974 shares of the investment management company’s stock worth $177,000 after purchasing an additional 1,178 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in Inv Vk Tr Inv by 12.2% in the second quarter. Concurrent Investment Advisors LLC now owns 13,826 shares of the investment management company’s stock valued at $147,000 after purchasing an additional 1,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Inv Vk Tr Inv by 6.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,339 shares of the investment management company’s stock worth $273,000 after buying an additional 1,617 shares in the last quarter. Finally, Cornerstone Wealth Management LLC raised its position in shares of Inv Vk Tr Inv by 13.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 17,165 shares of the investment management company’s stock valued at $178,000 after buying an additional 2,076 shares in the last quarter. Institutional investors own 38.13% of the company’s stock.

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