NewEdge Advisors LLC Takes $430,000 Position in Invesco California Value Municipal Income Trust (NYSE:VCV)

NewEdge Advisors LLC purchased a new stake in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 39,280 shares of the investment management company’s stock, valued at approximately $430,000.

Several other hedge funds have also modified their holdings of VCV. Cypress Wealth Services LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the fourth quarter valued at approximately $718,000. Pacific Wealth Strategies Group Inc. boosted its stake in Invesco California Value Municipal Income Trust by 3.2% in the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 81,335 shares of the investment management company’s stock valued at $890,000 after acquiring an additional 2,511 shares during the last quarter. D.A. Davidson & CO. boosted its stake in Invesco California Value Municipal Income Trust by 11.4% in the fourth quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company’s stock valued at $465,000 after acquiring an additional 4,350 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in Invesco California Value Municipal Income Trust by 67.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 255,413 shares of the investment management company’s stock valued at $2,794,000 after acquiring an additional 103,126 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Invesco California Value Municipal Income Trust in the fourth quarter valued at approximately $606,000. 18.80% of the stock is owned by institutional investors.

Invesco California Value Municipal Income Trust Stock Down 0.8 %

Shares of VCV stock opened at $9.97 on Tuesday. Invesco California Value Municipal Income Trust has a 52-week low of $9.51 and a 52-week high of $11.47. The firm’s 50 day moving average price is $10.49 and its two-hundred day moving average price is $10.62.

Invesco California Value Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.0646 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $0.78 dividend on an annualized basis and a yield of 7.77%.

Invesco California Value Municipal Income Trust Profile

Invesco California 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.