International Assets Investment Management LLC Grows Position in Invesco California Value Municipal Income Trust (NYSE:VCV)

International Assets Investment Management LLC boosted its stake in Invesco California Value Municipal Income Trust (NYSE:VCV) by 989.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,869 shares of the investment management company’s stock after buying an additional 20,769 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco California Value Municipal Income Trust were worth $249,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rothschild Investment LLC bought a new position in Invesco California Value Municipal Income Trust in the 2nd quarter valued at $34,000. Blue Bell Private Wealth Management LLC bought a new position in Invesco California Value Municipal Income Trust in the 2nd quarter valued at $38,000. Cetera Advisors LLC bought a new position in Invesco California Value Municipal Income Trust in the 1st quarter valued at $173,000. Vanguard Capital Wealth Advisors grew its stake in Invesco California Value Municipal Income Trust by 42.9% in the 2nd quarter. Vanguard Capital Wealth Advisors now owns 20,000 shares of the investment management company’s stock valued at $208,000 after purchasing an additional 6,000 shares during the period. Finally, Virtu Financial LLC bought a new position in Invesco California Value Municipal Income Trust in the 1st quarter valued at $202,000. 18.80% of the stock is owned by hedge funds and other institutional investors.

Invesco California Value Municipal Income Trust Stock Performance

Shares of NYSE:VCV opened at $10.06 on Thursday. The business has a fifty day moving average price of $10.76 and a two-hundred day moving average price of $10.45. Invesco California Value Municipal Income Trust has a 1 year low of $8.55 and a 1 year high of $11.47.

Invesco California Value Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.0646 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.78 dividend on an annualized basis and a yield of 7.71%.

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.