Envestnet Asset Management Inc. lifted its holdings in shares of Invesco California Value Municipal Income Trust (NYSE:VCV - Free Report) by 78.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 74,374 shares of the investment management company's stock after purchasing an additional 32,803 shares during the quarter. Envestnet Asset Management Inc.'s holdings in Invesco California Value Municipal Income Trust were worth $814,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Atria Wealth Solutions Inc. lifted its holdings in Invesco California Value Municipal Income Trust by 67.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 255,413 shares of the investment management company's stock worth $2,794,000 after buying an additional 103,126 shares during the last quarter. Wells Fargo & Company MN lifted its stake 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 valued at $5,615,000 after buying an additional 70,560 shares during the last quarter. Cypress Wealth Services LLC purchased a new stake in Invesco California Value Municipal Income Trust in the fourth quarter valued at approximately $718,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco California Value Municipal Income Trust in the fourth quarter valued at approximately $606,000. Finally, D.A. Davidson & CO. grew its position in shares of Invesco California Value Municipal Income Trust by 11.4% during the fourth quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company's stock worth $465,000 after acquiring an additional 4,350 shares during the last quarter. Hedge funds and other institutional investors own 18.80% of the company's stock.
Invesco California Value Municipal Income Trust Stock Up 0.4 %
VCV stock traded up $0.04 on Thursday, hitting $10.58. The company's stock had a trading volume of 17,953 shares, compared to its average volume of 95,275. The firm has a 50 day moving average of $10.40 and a two-hundred day moving average of $10.61. Invesco California Value Municipal Income Trust has a 1 year low of $9.51 and a 1 year high of $11.47.
Invesco California Value Municipal Income Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.0646 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.78 annualized dividend and a dividend yield of 7.33%.
Invesco California Value Municipal Income Trust Company Profile
(
Free Report)
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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