BB&T Securities LLC lifted its holdings in Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 29.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,573 shares of the investment management company’s stock after purchasing an additional 11,125 shares during the quarter. BB&T Securities LLC owned about 0.09% of Invesco Trust for Investment Grade Municipals worth $650,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of VGM. Wells Fargo & Company MN boosted its position in shares of Invesco Trust for Investment Grade Municipals by 28.6% in 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 in the last quarter. Doliver Capital Advisors LP acquired a new stake in shares of Invesco Trust for Investment Grade Municipals in the 3rd quarter worth $269,000. Stifel Financial Corp boosted its position in shares of Invesco Trust for Investment Grade Municipals by 13.5% in the 2nd quarter. Stifel Financial Corp now owns 155,667 shares of the investment management company’s stock worth $2,099,000 after purchasing an additional 18,481 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Invesco Trust for Investment Grade Municipals by 14.2% in the 2nd quarter. Van ECK Associates Corp now owns 145,836 shares of the investment management company’s stock worth $1,957,000 after purchasing an additional 18,169 shares in the last quarter. Finally, Strid Group LLC acquired a new stake in shares of Invesco Trust for Investment Grade Municipals in the 2nd quarter worth $201,000. 8.62% of the stock is owned by hedge funds and other institutional investors.

Invesco Trust for Investment Grade Municipals (NYSE:VGM) traded down $0.02 during trading on Friday, hitting $13.43. The stock had a trading volume of 119,355 shares, compared to its average volume of 130,541. Invesco Trust for Investment Grade Municipals has a 52-week low of $12.52 and a 52-week high of $13.80.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, December 13th will be given a $0.0636 dividend. The ex-dividend date is Tuesday, December 12th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.68%.

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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.

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

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