Bank of America Corp (NYSE:BAC) has disclosed a series of transactions involving Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) in a recent SEC filing. Notably, the company reported selling shares valued at $81,037, with the sale price per share at approximately $13.6865. According to InvestingPro data, VTN currently trades at $11.08, offering investors a substantial 7.32% dividend yield with a 33-year history of consecutive dividend payments.
In addition to the sales, Bank of America also reported purchasing shares worth $52,019, with transaction prices ranging between $13.71 and $13.75 per share. These transactions reflect the company's ongoing adjustments to its holdings in Invesco Trust for Investment Grade New York Municipals. With a market capitalization of $215.23 million and an overall "GOOD" financial health rating from InvestingPro, VTN demonstrates strong fundamentals, including a current ratio of 2.53 and low price volatility with a beta of 0.6.
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