Tabor Asset Management LP Makes New Investment in Inv Vk Pa Valu (NYSE:VPV)

Tabor Asset Management LP bought a new position in shares of Inv Vk Pa Valu (NYSE:VPV - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 59,968 shares of the financial services provider's stock, valued at approximately $611,000. Tabor Asset Management LP owned about 0.34% of Inv Vk Pa Valu at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. CF Capital LLC acquired a new stake in shares of Inv Vk Pa Valu in the fourth quarter valued at about $390,000. Confluence Wealth Services Inc. acquired a new stake in Inv Vk Pa Valu during the first quarter worth about $364,000. Alpine Global Management LLC acquired a new stake in Inv Vk Pa Valu during the fourth quarter worth about $349,000. Raymond James Financial Inc. acquired a new stake in Inv Vk Pa Valu during the fourth quarter worth about $298,000. Finally, Avantax Advisory Services Inc. acquired a new stake in Inv Vk Pa Valu during the fourth quarter worth about $261,000.

Inv Vk Pa Valu Stock Down 0.5%

VPV stock traded down $0.05 during trading on Friday, reaching $9.92. 4,610 shares of the stock were exchanged, compared to its average volume of 51,015. Inv Vk Pa Valu has a twelve month low of $9.50 and a twelve month high of $11.41. The stock has a 50 day simple moving average of $9.94 and a 200-day simple moving average of $10.11.

Inv Vk Pa Valu Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Wednesday, July 16th will be given a dividend of $0.0667 per share. This represents a $0.80 dividend on an annualized basis and a yield of 8.07%. The ex-dividend date 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.

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