Bank of America (10% owner) sold 550 shares at $15.25, then repurchased 550 at $15.28 on consecutive days in VGM
Bank of America executed 2 separate transactions in Invesco Trust for Investment Grade Municipals (VGM) on consecutive trading days: a sale of 550 shares at $15.25 on 2012-05-14 ($8,387.50) followed by a purchase of 550 shares at $15.28 on 2012-05-15 ($8,404.00). The near-identical share counts and minimal price differential (3 cents, or $16.50 total) suggest operational or administrative flow rather than discretionary positioning. Post-transaction holdings stand at 2,225 shares. The current price of $9.89 is -7.4% from the 52-week high of $10.68 and off -2.9% over 30 days, contextualizing the transaction within a period of declining share value. This small, back-to-back paired trade merits limited attention absent additional strategic signals.