Tabor Asset Management LP Invests $611,000 in Inv Vk Pa Valu (NYSE:VPV)

Tabor Asset Management LP purchased a new stake in Inv Vk Pa Valu (NYSE:VPV - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 59,968 shares of the financial services provider's stock, valued at approximately $611,000. Tabor Asset Management LP owned 0.34% of Inv Vk Pa Valu as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VPV. BLB&B Advisors LLC increased its position in shares of Inv Vk Pa Valu by 31.9% in the 1st quarter. BLB&B Advisors LLC now owns 29,554 shares of the financial services provider's stock valued at $301,000 after buying an additional 7,155 shares in the last quarter. Confluence Wealth Services Inc. bought a new position in Inv Vk Pa Valu during the 1st quarter worth about $364,000. Janney Montgomery Scott LLC increased its holdings in Inv Vk Pa Valu by 18.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 19,590 shares of the financial services provider's stock worth $200,000 after purchasing an additional 3,000 shares in the last quarter. Alpine Global Management LLC bought a new position in Inv Vk Pa Valu during the 4th quarter worth about $349,000. Finally, Nomura Holdings Inc. bought a new position in Inv Vk Pa Valu during the 4th quarter worth about $198,000.

Inv Vk Pa Valu Price Performance

VPV stock traded up $0.01 during trading hours on Friday, reaching $9.93. 6,276 shares of the stock were exchanged, compared to its average volume of 50,330. The firm's 50-day moving average is $9.93 and its 200-day moving average is $10.09. Inv Vk Pa Valu has a 12 month low of $9.50 and a 12 month high of $11.41.

Inv Vk Pa Valu Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th will be issued a dividend of $0.0667 per share. This represents a $0.80 dividend on an annualized basis and a yield of 8.06%. The ex-dividend date of this dividend is Wednesday, July 16th.

Inv Vk Pa Valu Profile

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.