Commonwealth Equity Services LLC Acquires 36,129 Shares of Invesco California Value Municipal Income Trust (NYSE:VCV)

Commonwealth Equity Services LLC lifted its holdings in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 40.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,653 shares of the investment management company’s stock after purchasing an additional 36,129 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco California Value Municipal Income Trust were worth $1,299,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new stake in Invesco California Value Municipal Income Trust in the 2nd quarter worth about $34,000. Vanguard Capital Wealth Advisors boosted its position in shares of Invesco California Value Municipal Income Trust by 40.0% during the 1st quarter. Vanguard Capital Wealth Advisors now owns 14,000 shares of the investment management company’s stock valued at $139,000 after acquiring an additional 4,000 shares during the last quarter. Pacific Wealth Strategies Group Inc. lifted its position in Invesco California Value Municipal Income Trust by 7.8% in the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 67,320 shares of the investment management company’s stock worth $671,000 after buying an additional 4,850 shares during the last quarter. Cetera Advisors LLC bought a new stake in Invesco California Value Municipal Income Trust in the 1st quarter worth approximately $173,000. Finally, Virtu Financial LLC bought a new stake in Invesco California Value Municipal Income Trust in the 1st quarter worth approximately $202,000. Hedge funds and other institutional investors own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Trading Down 0.3 %

Shares of VCV stock opened at $11.34 on Monday. Invesco California Value Municipal Income Trust has a fifty-two week low of $8.05 and a fifty-two week high of $11.47. The stock has a 50 day moving average price of $10.76 and a two-hundred day moving average price of $10.22.

Invesco California Value Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be given a $0.0646 dividend. The ex-dividend date of this dividend is Tuesday, September 17th. This represents a $0.78 annualized dividend and a yield of 6.84%.

Invesco California Value Municipal Income Trust Company 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.