World Investment Advisors Invests $565,000 in Inv Vk Tr Inv $VGM

World Investment Advisors purchased a new position in shares of Inv Vk Tr Inv (NYSE:VGM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 55,834 shares of the investment management company’s stock, valued at approximately $565,000. World Investment Advisors owned approximately 0.10% of Inv Vk Tr Inv at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VGM. Invesco Ltd. lifted its stake in Inv Vk Tr Inv by 1.5% during the first quarter. Invesco Ltd. now owns 143,096 shares of the investment management company’s stock worth $1,425,000 after purchasing an additional 2,174 shares during the last quarter. Nuveen LLC acquired a new position in shares of Inv Vk Tr Inv during the 1st quarter worth $186,000. Calton & Associates Inc. bought a new stake in shares of Inv Vk Tr Inv during the 1st quarter worth $132,000. Advisors Asset Management Inc. boosted its stake in Inv Vk Tr Inv by 40.8% in the first quarter. Advisors Asset Management Inc. now owns 208,615 shares of the investment management company’s stock valued at $2,078,000 after buying an additional 60,405 shares in the last quarter. Finally, Jones Financial Companies Lllp acquired a new stake in Inv Vk Tr Inv in the first quarter valued at about $253,000. 38.13% of the stock is owned by institutional investors.

Inv Vk Tr Inv Stock Performance

Inv Vk Tr Inv stock opened at $10.32 on Tuesday. Inv Vk Tr Inv has a 12-month low of $9.28 and a 12-month high of $10.41. The business’s 50-day moving average price is $10.22 and its two-hundred day moving average price is $9.89.

Inv Vk Tr Inv Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be given a dividend of $0.0646 per share. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Tuesday, December 16th.

Inv Vk Tr Inv Profile

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