Wealth Alliance Advisory Group LLC Sells 1,200 Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Wealth Alliance Advisory Group LLC lowered its position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,737 shares of the investment management company’s stock after selling 1,200 shares during the period. Wealth Alliance Advisory Group LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $159,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of VGM. Sovereign Financial Group Inc. increased its stake in shares of Invesco Trust for Investment Grade Municipals by 130.5% in the fourth quarter. Sovereign Financial Group Inc. now owns 25,215 shares of the investment management company’s stock valued at $255,000 after buying an additional 14,277 shares during the period. Melone Private Wealth LLC grew its holdings in Invesco Trust for Investment Grade Municipals by 1.6% during the fourth quarter. Melone Private Wealth LLC now owns 174,333 shares of the investment management company’s stock worth $1,761,000 after buying an additional 2,684 shares in the last quarter. Capital Investment Advisors LLC purchased a new stake in Invesco Trust for Investment Grade Municipals in the 4th quarter valued at about $134,000. Stifel Financial Corp raised its stake in shares of Invesco Trust for Investment Grade Municipals by 1.1% during the 3rd quarter. Stifel Financial Corp now owns 167,271 shares of the investment management company’s stock worth $1,766,000 after purchasing an additional 1,896 shares during the period. Finally, HighTower Advisors LLC purchased a new position in Invesco Trust for Investment Grade Municipals in the third quarter valued at approximately $429,000. Institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Price Performance

Shares of Invesco Trust for Investment Grade Municipals stock opened at $10.12 on Friday. Invesco Trust for Investment Grade Municipals has a 12-month low of $9.47 and a 12-month high of $10.70. The company’s 50-day moving average price is $10.17 and its 200-day moving average price is $10.31.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be paid a dividend of $0.0646 per share. This represents a $0.78 annualized dividend and a yield of 7.66%. The ex-dividend date is Friday, January 17th.

About Invesco Trust for Investment Grade Municipals

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.