Tuesday 7/15 Insider Buying Report: VGM, VKQ

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Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys.

At Invesco Van Kampen Trust for Investment Grade Municipals ( VGM ), a filing with the SEC revealed that on Thursday, Director Rodney F. Dammeyer bought 19,490 shares of VGM, at a cost of $12.77 each, for a total investment of $248,887. Invesco Van Kampen Trust for Investment Grade Municipals is trading off about 0.2% on the day Tuesday.


And also on Thursday, Director Rodney F. Dammeyer purchased $248,636 worth of Invesco Van Kampen Municipal Trust ( VKQ ), purchasing 20,330 shares at a cost of $12.23 each. Before this latest buy, Dammeyer made one other purchase in the past twelve months, buying $250,175 shares at a cost of $11.50 each. Invesco Van Kampen Municipal Trust is trading down about 0.1% on the day Tuesday.

Tuesday 7/15 Insider Buying Report: VGM, VKQ VIDEO: Tuesday 7/15 Insider Buying Report: VGM, VKQ



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: VGM , VKQ

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