Form 4: Bank of America Corp and Merrill Lynch Report Changes in Beneficial Ownership of Invesco Trust for Investment Grade Municipals

Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly report changes in their beneficial ownership of Invesco Trust for Investment Grade Municipals securities.

Summary

• Bank of America Corporation and Merrill Lynch, Pierce, Fenner & Smith Incorporated jointly filed a statement regarding changes in beneficial ownership of Invesco Trust for Investment Grade Municipals [VGM] securities.
• The report includes transactions in common stock and auction rate preferred stock.
• A sale of 550 shares of common stock at $15.25 per share occurred on May 14, 2012.
• A purchase of 550 shares of common stock at $15.28 per share occurred on May 15, 2012.
• A disposition of 1 share of Auction Rate Preferred Stock at $25,000 occurred on February 10, 2012.
• The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.
• The filing includes a joint filing agreement between Bank of America Corporation and Merrill Lynch.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for significant shareholders, providing transparency into ownership changes in publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding changes in ownership by significant shareholders.

Key Dates