Ameriprise Financial Inc. cut its holdings in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 3.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,628 shares of the investment management company’s stock after selling 1,826 shares during the quarter. Ameriprise Financial Inc.’s holdings in Invesco Trust for Investment Grade Municipals were worth $599,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Wells Fargo & Company MN increased its holdings in Invesco Trust for Investment Grade Municipals by 28.6% during the 2nd quarter. Wells Fargo & Company MN now owns 342,797 shares of the investment management company’s stock worth $4,600,000 after purchasing an additional 76,227 shares during the last quarter. Northern Capital Management LLC increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 7.0% in the 2nd quarter. Northern Capital Management LLC now owns 139,215 shares of the investment management company’s stock valued at $1,868,000 after acquiring an additional 9,100 shares during the last quarter. Strid Group LLC bought a new stake in shares of Invesco Trust for Investment Grade Municipals in the 2nd quarter valued at approximately $201,000. Oppenheimer & Co. Inc. increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 0.7% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 20,450 shares of the investment management company’s stock valued at $274,000 after acquiring an additional 150 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 0.6% in the 2nd quarter. Advisors Asset Management Inc. now owns 409,179 shares of the investment management company’s stock valued at $5,491,000 after acquiring an additional 2,631 shares during the last quarter. Institutional investors own 9.16% of the company’s stock.

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Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) opened at $13.02 on Friday. Invesco Trust for Investment Grade Municipals has a twelve month low of $12.34 and a twelve month high of $13.80.

The company also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be issued a $0.0636 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.86%.

About Invesco Trust for Investment Grade Municipals

Invesco Van Kampen Trust For Investment Grade Municipals (the Trust), formerly Invesco Trust for Investment Grade Municipals, is a diversified, closed-end management investment trust. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.

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Institutional Ownership by Quarter for Invesco Trust for Investment Grade Municipals (NYSE:VGM)

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