Sit Investment Associates Inc. Cuts Stock Position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Sit Investment Associates Inc. decreased its position in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 82.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 457,660 shares of the financial services provider’s stock after selling 2,092,066 shares during the period. Sit Investment Associates Inc.’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $4,709,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust during the 3rd quarter valued at $113,000. Wolverine Asset Management LLC raised its stake in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 19,052 shares during the last quarter. Avantax Advisory Services Inc. acquired a new stake in Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter worth about $261,000. Raymond James Financial Inc. purchased a new stake in Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter valued at about $298,000. Finally, LPL Financial LLC increased its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust by 5.0% in the fourth quarter. LPL Financial LLC now owns 38,626 shares of the financial services provider’s stock valued at $397,000 after purchasing an additional 1,826 shares during the period.

Invesco Pennsylvania Value Municipal Income Trust Trading Down 0.4 %

Shares of NYSE VPV opened at $10.26 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $9.84 and a 52 week high of $11.41. The business’s 50 day moving average price is $10.38 and its 200 day moving average price is $10.70.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a $0.0667 dividend. This represents a $0.80 annualized dividend and a dividend yield of 7.80%. The ex-dividend date is Wednesday, April 16th.

Invesco Pennsylvania Value Municipal Income Trust Profile

Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.