VGM Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Invesco Van Kampen Trust for Investment Grade Municipals (VGM) crossed below their 200 day moving average of $13.24, changing hands as low as $13.12 per share. Invesco Van Kampen Trust for Investment Grade Municipals shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of VGM shares, versus its 200 day moving average:

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Invesco Van Kampen Trust for Investment Grade Municipals 200 Day Moving Average Chart

Looking at the chart above, VGM's low point in its 52 week range is $12.63 per share, with $13.97 as the 52 week high point — that compares with a last trade of $13.12.

According to the ETF Finder at ETF Channel, VGM makes up 2.09% of the CEF Municipal Income ETF ( XMPT) which is trading lower by about 1.4% on the day Wednesday.

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