Ashton Thomas Securities LLC Increases Stock Position in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Ashton Thomas Securities LLC lifted its holdings in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) by 145.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 111,700 shares of the investment management company’s stock after acquiring an additional 66,200 shares during the quarter. Ashton Thomas Securities LLC’s holdings in Invesco Trust for Investment Grade New York Municipals were worth $1,169,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VTN. Hennion & Walsh Asset Management Inc. increased its position in Invesco Trust for Investment Grade New York Municipals by 2.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,293 shares of the investment management company’s stock valued at $1,605,000 after buying an additional 3,075 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the fourth quarter worth $112,000. PFG Investments LLC purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the fourth quarter worth $112,000. Wolverine Asset Management LLC increased its holdings in shares of Invesco Trust for Investment Grade New York Municipals by 1,314.1% during the fourth quarter. Wolverine Asset Management LLC now owns 13,618 shares of the investment management company’s stock valued at $143,000 after acquiring an additional 12,655 shares in the last quarter. Finally, Joseph P. Lucia & Associates LLC raised its position in shares of Invesco Trust for Investment Grade New York Municipals by 131.3% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 26,064 shares of the investment management company’s stock worth $273,000 after purchasing an additional 14,797 shares during the last quarter. 34.87% of the stock is currently owned by institutional investors.

Invesco Trust for Investment Grade New York Municipals Price Performance

Shares of VTN stock opened at $10.73 on Tuesday. Invesco Trust for Investment Grade New York Municipals has a one year low of $10.16 and a one year high of $11.68. The company’s 50-day moving average is $10.52 and its 200 day moving average is $10.96.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.0685 per share. This represents a $0.82 annualized dividend and a dividend yield of 7.66%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Trust for Investment Grade New York Municipals Company Profile

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.