Inv Vk Invt Ny (NYSE:VTN) Plans Monthly Dividend of $0.07

Inv Vk Invt Ny (NYSE:VTN) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0685 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Monday, August 17th.

Inv Vk Invt Ny Price Performance

Shares of VTN stock opened at $11.00 on Tuesday. Inv Vk Invt Ny has a twelve month low of $10.00 and a twelve month high of $12.10. The company’s 50-day moving average price is $11.23 and its 200-day moving average price is $11.29.

Hedge Funds Weigh In On Inv Vk Invt Ny

Several large investors have recently modified their holdings of VTN. Indivisible Partners purchased a new stake in Inv Vk Invt Ny in the 4th quarter valued at about $2,622,000. Guggenheim Capital LLC raised its position in Inv Vk Invt Ny by 9.8% in the fourth quarter. Guggenheim Capital LLC now owns 254,899 shares of the investment management company’s stock valued at $2,934,000 after purchasing an additional 22,686 shares during the period. Royal Bank of Canada boosted its position in shares of Inv Vk Invt Ny by 7.5% during the fourth quarter. Royal Bank of Canada now owns 170,015 shares of the investment management company’s stock worth $1,957,000 after buying an additional 11,900 shares during the period. &PARTNERS purchased a new position in Inv Vk Invt Ny during the 4th quarter valued at about $147,000. Finally, Jane Street Group LLC purchased a new stake in Inv Vk Invt Ny during the fourth quarter worth about $202,000. Institutional investors and hedge funds own 34.87% of the company’s stock.

About Inv Vk Invt Ny

Invesco Trust for Investment Grade New York 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 New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.