Invesco Trust for Investment Grade New York Municipals (NYSE:VTN - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.96 and traded as low as $10.71. Invesco Trust for Investment Grade New York Municipals shares last traded at $10.73, with a volume of 41,439 shares trading hands.
Invesco Trust for Investment Grade New York Municipals Stock Up 0.0 %
The firm's 50 day moving average is $10.54 and its 200-day moving average is $10.95.
Invesco Trust for Investment Grade New York Municipals Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.0685 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.88%.
Institutional Investors Weigh In On Invesco Trust for Investment Grade New York Municipals
A number of institutional investors have recently modified their holdings of the business. Ashton Thomas Securities LLC boosted its position in Invesco Trust for Investment Grade New York Municipals by 145.5% during the fourth quarter. Ashton Thomas Securities LLC now owns 111,700 shares of the investment management company's stock worth $1,169,000 after purchasing an additional 66,200 shares in the last quarter. CF Capital LLC purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals during the fourth quarter worth about $541,000. Alpine Global Management LLC acquired a new position in shares of Invesco Trust for Investment Grade New York Municipals during the 4th quarter worth about $496,000. Rivernorth Capital Management LLC raised its position in shares of Invesco Trust for Investment Grade New York Municipals by 24.0% during the 3rd quarter. Rivernorth Capital Management LLC now owns 201,747 shares of the investment management company's stock worth $2,326,000 after purchasing an additional 39,001 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new position in Invesco Trust for Investment Grade New York Municipals in the 4th quarter valued at about $204,000. 34.87% of the stock is currently owned by institutional investors and hedge funds.
Invesco Trust for Investment Grade New York Municipals Company Profile
(
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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.
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