Macroview Investment Management Lowers stake in Invesco Trust for Invest Grad Municipals (VGM)

Invesco Trust for Invest Grad Municipals (VGM) : Macroview Investment Management reduced its stake in Invesco Trust for Invest Grad Municipals by 21.69% during the most recent quarter end. The investment management company now holds a total of 3,250 shares of Invesco Trust for Invest Grad Municipals which is valued at $47,288 after selling 900 shares in Invesco Trust for Invest Grad Municipals , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Invesco Trust for Invest Grad Municipals makes up approximately 0.21% of Macroview Investment Management’s portfolio.

Other Hedge Funds, Including , Mather Group. boosted its stake in VGM in the latest quarter, The investment management firm added 10,395 additional shares and now holds a total of 48,526 shares of Invesco Trust for Invest Grad Municipals which is valued at $706,053. Invesco Trust for Invest Grad Municipals makes up approx 0.14% of Mather Group.’s portfolio.Sit Investment Associates Inc boosted its stake in VGM in the latest quarter, The investment management firm added 2,056 additional shares and now holds a total of 349,042 shares of Invesco Trust for Invest Grad Municipals which is valued at $5,151,860. Invesco Trust for Invest Grad Municipals makes up approx 0.13% of Sit Investment Associates Inc’s portfolio. Capital Investment Advisors added VGM to its portfolio by purchasing 21,635 company shares during the most recent quarter which is valued at $317,818. Invesco Trust for Invest Grad Municipals makes up approx 0.03% of Capital Investment Advisors’s portfolio.

Invesco Trust for Invest Grad Municipals (VGM) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $14.48 and reached the intraday high at $14.52. The bulls started the profit booking and pushed the shares to intraday low of $14.45. The trading session was marked by a volume range of 1,03,304 shares exchanging hands. The 52-week high of the shares is $14.99 and the 52-week low is $12.56. The market cap of the company stands at $391 M and there are 2,70,13,000 shares in public circulation.

Invesco Trust for Investment Grade Municipals (the Trust) is a diversified closed-end management investment company. 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. The Trust will invest substantially all of its assets in municipal securities rated investment grade at the time of investment. The Trust seeks to achieve its investment objective by investing primarily in municipal securities that are rated investment grade at the time of investment. Municipal securities include municipal bonds municipal notes municipal commercial paper and lease obligations. It may also invest up to 20% of its net assets in non-investment-grade and unrated securities that it determines to be of comparable quality. It may invest in municipal securities that pay interest subject to the federal alternative minimum tax. Invesco Advisers Inc. serves as its investment adviser.

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