Inv Vk Pa Valu (NYSE:VPV) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Inv Vk Pa Valu (NYSE:VPV)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $10.50 and traded as low as $10.41. Inv Vk Pa Valu shares last traded at $10.4650, with a volume of 63,458 shares changing hands.

Inv Vk Pa Valu Stock Performance

The stock has a 50-day moving average price of $10.50 and a 200-day moving average price of $10.17.

Inv Vk Pa Valu Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Monday, November 17th were given a dividend of $0.0667 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%.

Institutional Trading of Inv Vk Pa Valu

Several institutional investors have recently added to or reduced their stakes in VPV. Cetera Investment Advisers grew its holdings in Inv Vk Pa Valu by 47.6% during the 1st quarter. Cetera Investment Advisers now owns 20,817 shares of the financial services provider’s stock worth $212,000 after acquiring an additional 6,718 shares in the last quarter. Walleye Capital LLC lifted its position in shares of Inv Vk Pa Valu by 68.6% during the first quarter. Walleye Capital LLC now owns 19,017 shares of the financial services provider’s stock worth $194,000 after purchasing an additional 7,735 shares during the last quarter. PNC Financial Services Group Inc. acquired a new position in Inv Vk Pa Valu in the first quarter worth about $90,000. Bank of America Corp DE increased its holdings in Inv Vk Pa Valu by 8.8% in the second quarter. Bank of America Corp DE now owns 111,006 shares of the financial services provider’s stock valued at $1,117,000 after buying an additional 9,017 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Inv Vk Pa Valu by 40.5% in the second quarter. Raymond James Financial Inc. now owns 31,439 shares of the financial services provider’s stock valued at $316,000 after buying an additional 9,068 shares during the last quarter.

About Inv Vk Pa Valu

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.