D.A. Davidson & CO. Raises Holdings in Invesco California Value Municipal Income Trust (NYSE:VCV)

D.A. Davidson & CO. boosted its stake in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 11.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,465 shares of the investment management company’s stock after buying an additional 4,350 shares during the period. D.A. Davidson & CO.’s holdings in Invesco California Value Municipal Income Trust were worth $465,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VCV. Advisors Asset Management Inc. lifted its stake in shares of Invesco California Value Municipal Income Trust by 6.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 582,252 shares of the investment management company’s stock valued at $6,341,000 after purchasing an additional 34,370 shares during the last quarter. Pacific Wealth Strategies Group Inc. increased its holdings in Invesco California Value Municipal Income Trust by 3.2% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 81,335 shares of the investment management company’s stock worth $890,000 after purchasing an additional 2,511 shares during the period. Cypress Wealth Services LLC purchased a new stake in Invesco California Value Municipal Income Trust during the 4th quarter worth about $718,000. Sanctuary Advisors LLC increased its holdings in Invesco California Value Municipal Income Trust by 32.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 49,073 shares of the investment management company’s stock worth $507,000 after purchasing an additional 11,938 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of Invesco California Value Municipal Income Trust by 989.0% in the 3rd quarter. International Assets Investment Management LLC now owns 22,869 shares of the investment management company’s stock valued at $249,000 after acquiring an additional 20,769 shares during the last quarter. Institutional investors and hedge funds own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Trading Up 0.5 %

VCV opened at $11.12 on Wednesday. Invesco California Value Municipal Income Trust has a one year low of $9.49 and a one year high of $11.47. The business’s 50-day simple moving average is $10.94 and its 200-day simple moving average is $10.76.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.0646 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.78 dividend on an annualized basis and a yield of 6.97%.

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.