Alpine Global Management LLC purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 33,942 shares of the financial services provider's stock, valued at approximately $349,000.
Several other institutional investors and hedge funds have also modified their holdings of VPV. Walleye Capital LLC bought a new stake in Invesco Pennsylvania Value Municipal Income Trust during the fourth quarter worth approximately $116,000. Cetera Investment Advisers grew its stake in Invesco Pennsylvania Value Municipal Income Trust by 9.1% in the 4th quarter. Cetera Investment Advisers now owns 14,099 shares of the financial services provider's stock valued at $145,000 after buying an additional 1,172 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider's stock worth $196,000 after acquiring an additional 19,052 shares during the period. Nomura Holdings Inc. bought a new position in Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter worth $198,000. Finally, Icon Advisers Inc. Co. acquired a new position in Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter worth $203,000.
Invesco Pennsylvania Value Municipal Income Trust Stock Down 0.3%
VPV stock traded down $0.03 during mid-day trading on Wednesday, reaching $9.86. 25,217 shares of the stock traded hands, compared to its average volume of 52,166. The business has a 50-day moving average of $9.94 and a two-hundred day moving average of $10.35. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $9.50 and a 52 week high of $11.41.
Invesco Pennsylvania Value Municipal Income Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a $0.0667 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Friday, May 16th.
About Invesco Pennsylvania Value Municipal Income Trust
(
Free Report)
Invesco Pennsylvania 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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