39,280 Shares in Invesco California Value Municipal Income Trust (NYSE:VCV) Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC purchased a new position in Invesco California Value Municipal Income Trust (NYSE:VCV - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 39,280 shares of the investment management company's stock, valued at approximately $430,000.

Other hedge funds have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. raised its position in Invesco California Value Municipal Income Trust by 11.4% in the fourth quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company's stock worth $465,000 after purchasing an additional 4,350 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Invesco California Value Municipal Income Trust in the fourth quarter worth about $606,000. Wells Fargo & Company MN raised its position in Invesco California Value Municipal Income Trust by 15.9% in the fourth quarter. Wells Fargo & Company MN now owns 513,271 shares of the investment management company's stock worth $5,615,000 after purchasing an additional 70,560 shares in the last quarter. LPL Financial LLC raised its position in Invesco California Value Municipal Income Trust by 1.1% in the fourth quarter. LPL Financial LLC now owns 120,617 shares of the investment management company's stock worth $1,320,000 after purchasing an additional 1,339 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in Invesco California Value Municipal Income Trust during the fourth quarter worth about $291,000. Institutional investors and hedge funds own 18.80% of the company's stock.

Invesco California Value Municipal Income Trust Stock Down 0.8 %

Shares of Invesco California Value Municipal Income Trust stock opened at $9.97 on Tuesday. Invesco California Value Municipal Income Trust has a 1-year low of $9.51 and a 1-year high of $11.47. The firm's 50-day moving average price is $10.49 and its two-hundred day moving average price is $10.62.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently disclosed 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 is Wednesday, April 16th. This represents a $0.78 annualized dividend and a yield of 7.77%.

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.

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