Invesco California Value Municipal Income Trust (NYSE:VCV) Shares Sold by Evoke Wealth LLC

Evoke Wealth LLC trimmed its stake in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 23.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,000 shares of the investment management company’s stock after selling 13,605 shares during the period. Evoke Wealth LLC’s holdings in Invesco California Value Municipal Income Trust were worth $469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its holdings in Invesco California Value Municipal Income Trust by 16.0% in the first quarter. Advisors Asset Management Inc. now owns 414,664 shares of the investment management company’s stock valued at $4,130,000 after buying an additional 57,207 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in Invesco California Value Municipal Income Trust by 10.0% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 384,479 shares of the investment management company’s stock worth $4,006,000 after purchasing an additional 34,932 shares during the period. Commonwealth Equity Services LLC boosted its position in Invesco California Value Municipal Income Trust by 40.8% during the second quarter. Commonwealth Equity Services LLC now owns 124,653 shares of the investment management company’s stock worth $1,299,000 after purchasing an additional 36,129 shares in the last quarter. Pacific Wealth Strategies Group Inc. grew its holdings in Invesco California Value Municipal Income Trust by 17.8% in the second quarter. Pacific Wealth Strategies Group Inc. now owns 79,295 shares of the investment management company’s stock valued at $826,000 after purchasing an additional 11,975 shares during the period. Finally, Napa Wealth Management purchased a new stake in shares of Invesco California Value Municipal Income Trust in the fourth quarter valued at approximately $525,000. 18.80% of the stock is currently owned by hedge funds and other institutional investors.

Invesco California Value Municipal Income Trust Stock Down 0.5 %

Shares of VCV stock opened at $10.94 on Friday. The stock has a 50 day simple moving average of $10.81 and a 200-day simple moving average of $10.26. Invesco California Value Municipal Income Trust has a 1-year low of $8.05 and a 1-year high of $11.47.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be issued a dividend of $0.0646 per share. The ex-dividend date is Tuesday, September 17th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.09%.

About Invesco California Value Municipal Income Trust

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.