Invesco California Value Municipal Income Trust (NYSE:VCV) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its stake in Invesco California Value Municipal Income Trust (NYSE:VCV) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 127,051 shares of the investment management company’s stock after selling 3,703 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco California Value Municipal Income Trust were worth $1,390,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VCV. D.A. Davidson & CO. raised its stake in shares of Invesco California Value Municipal Income Trust by 11.4% in the 4th 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 period. Sanctuary Advisors LLC raised its position in Invesco California Value Municipal Income Trust by 32.1% in the third quarter. Sanctuary Advisors LLC now owns 49,073 shares of the investment management company’s stock valued at $507,000 after purchasing an additional 11,938 shares during the period. Raymond James Financial Inc. acquired a new position in Invesco California Value Municipal Income Trust during the fourth quarter worth $606,000. Cypress Wealth Services LLC acquired a new position in Invesco California Value Municipal Income Trust during the fourth quarter worth $718,000. Finally, Pacific Wealth Strategies Group Inc. boosted its position in shares of Invesco California Value Municipal Income Trust by 3.2% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 81,335 shares of the investment management company’s stock worth $890,000 after buying an additional 2,511 shares during the period. Hedge funds and other institutional investors own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Trading Down 0.6 %

VCV stock opened at $10.63 on Monday. The business’s fifty day moving average price is $10.93 and its 200 day moving average price is $10.76. Invesco California Value Municipal Income Trust has a 12-month low of $9.49 and a 12-month high of $11.47.

Invesco California Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.0646 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.78 dividend on an annualized basis and a yield of 7.29%.

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.