Inv Vk Invt Ny (NYSE:VTN) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Inv Vk Invt Ny (NYSE:VTN) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.50 and traded as high as $11.08. Inv Vk Invt Ny shares last traded at $11.05, with a volume of 35,148 shares trading hands.

Inv Vk Invt Ny Stock Down 0.1%

The stock’s fifty day moving average price is $10.92 and its 200-day moving average price is $10.50.

Inv Vk Invt Ny Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Monday, November 17th will be given a dividend of $0.0685 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Monday, November 17th.

Hedge Funds Weigh In On Inv Vk Invt Ny

Several hedge funds have recently bought and sold shares of the company. Fingerlakes Wealth Management Inc. purchased a new stake in Inv Vk Invt Ny during the third quarter worth $111,000. Horizon Kinetics Asset Management LLC raised its stake in shares of Inv Vk Invt Ny by 17.9% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock worth $128,000 after buying an additional 1,860 shares during the last quarter. Cary Street Partners Financial LLC boosted its position in shares of Inv Vk Invt Ny by 34.2% in the 1st quarter. Cary Street Partners Financial LLC now owns 19,599 shares of the investment management company’s stock worth $205,000 after buying an additional 5,000 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Inv Vk Invt Ny in the 1st quarter valued at about $255,000. Finally, North Ground Capital increased its holdings in Inv Vk Invt Ny by 32.1% during the 1st quarter. North Ground Capital now owns 68,304 shares of the investment management company’s stock valued at $703,000 after acquiring an additional 16,597 shares in the last quarter. 34.87% of the stock is 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.