Inv Vk Invt Ny (NYSE:VTN) Shares Cross Above 200-Day Moving Average – Time to Sell?

Shares of Inv Vk Invt Ny (NYSE:VTN) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.58 and traded as high as $11.49. Inv Vk Invt Ny shares last traded at $11.49, with a volume of 15,667 shares traded.

Inv Vk Invt Ny Price Performance

The firm has a 50-day moving average price of $11.08 and a 200-day moving average price of $10.58.

Inv Vk Invt Ny Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 17th were given a $0.0685 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a c) annualized dividend and a yield of 7.2%.

Hedge Funds Weigh In On Inv Vk Invt Ny

Institutional investors and hedge funds have recently modified their holdings of the company. Fingerlakes Wealth Management Inc. bought a new position in Inv Vk Invt Ny in the 3rd quarter worth $111,000. Horizon Kinetics Asset Management LLC increased its position in Inv Vk Invt Ny by 17.9% in the second quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock worth $128,000 after purchasing an additional 1,860 shares during the last quarter. Susquehanna International Group LLP raised its position in shares of Inv Vk Invt Ny by 17.6% during the 3rd quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock valued at $137,000 after buying an additional 1,861 shares in the last quarter. Cary Street Partners Financial LLC raised its position in Inv Vk Invt Ny by 34.2% during the first quarter. Cary Street Partners Financial LLC now owns 19,599 shares of the investment management company’s stock valued at $205,000 after purchasing an additional 5,000 shares during the period. Finally, Landscape Capital Management L.L.C. bought a new stake in Inv Vk Invt Ny in the first quarter worth $255,000. 34.87% of the stock is currently owned by hedge funds and other institutional investors.

Inv Vk Invt Ny Company Profile

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.