VGM Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of Invesco Van Kampen Trust for Investment Grade Municipals (VGM) crossed above their 200 day moving average of $13.31, changing hands as high as $13.32 per share. Invesco Van Kampen Trust for Investment Grade Municipals shares are currently trading up about 0.9% 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 $12.65 per share, with $13.80 as the 52 week high point — that compares with a last trade of $13.28.

According to the ETF Finder at ETF Channel, VGM makes up 1.96% of the CEF Municipal Income ETF ( XMPT) which is trading higher by about 0.5% on the day Wednesday.

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