Institutional Investors Are Betting On Invesco Trust For Investment Grade Municipals (NYSE:VGM)

Sentiment for Invesco Trust For Investment Grade Municipals (NYSE:VGM)

Invesco Trust For Investment Grade Municipals (NYSE:VGM) institutional sentiment increased to 2.19 in 2018 Q2. Its up 1.34, from 0.85 in 2018Q1. The ratio is better, as 35 investment professionals increased or started new positions, while 16 sold and trimmed positions in Invesco Trust For Investment Grade Municipals. The investment professionals in our partner’s database now have: 4.40 million shares, up from 4.33 million shares in 2018Q1. Also, the number of investment professionals holding Invesco Trust For Investment Grade Municipals in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 10 Increased: 21 New Position: 14.

Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The company has market cap of $636.06 million. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It has a 266.59 P/E ratio. It invests in the fixed income markets of the United States.

The stock increased 0.95% or $0.11 during the last trading session, reaching $11.73. About 240,867 shares traded or 27.86% up from the average. Invesco Trust for Investment Grade Municipals (NYSE:VGM) has declined 11.61% since December 8, 2017 and is downtrending. It has underperformed by 27.23% the S&P500.

Robinson Capital Management Llc holds 1.13% of its portfolio in Invesco Trust for Investment Grade Municipals for 315,410 shares. Tradewinds Capital Management Llc owns 129,240 shares or 0.67% of their US portfolio. Moreover, Northern Capital Management Llc has 0.49% invested in the company for 162,565 shares. The Massachusetts-based Cutler Capital Management Llc has invested 0.35% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 789,887 shares.

More notable recent Invesco Trust for Investment Grade Municipals (NYSE:VGM) news were published by: Zacks.com which released: “Primerica (PRI) Gains 13% YTD: Can the Uptrend Continue? – Zacks.com” on November 22, 2018, also Zacks.com with their article: “Here’s Why Ingevity (NGVT) Stock is Worth Buying Right Now – Zacks.com” published on December 03, 2018, Finance.Yahoo.com published: “UnitedHealth Group (UNH) Hits a 52-Week High, Can the Run Continue? – Yahoo Finance” on June 11, 2018. More interesting news about Invesco Trust for Investment Grade Municipals (NYSE:VGM) were released by: Investorplace.com and their article: “Buy the Dip With These ETFs and Stocks – Investorplace.com” published on August 13, 2018 as well as Zacks.com‘s news article titled: “5 Reasons to Add Peabody Energy (BTU) to Your Portfolio Now – Zacks.com” with publication date: September 28, 2018.

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