INV VK CA VALU (NYSE:VCV - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.56 and traded as low as $10.11. INV VK CA VALU shares last traded at $10.17, with a volume of 111,510 shares traded.
INV VK CA VALU Stock Performance
The stock has a 50-day moving average price of $10.34 and a 200-day moving average price of $10.56.
INV VK CA VALU Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th will be given a dividend of $0.0646 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date is Wednesday, July 16th.
Institutional Trading of INV VK CA VALU
Several hedge funds and other institutional investors have recently bought and sold shares of VCV. Wealth Enhancement Advisory Services LLC grew its holdings in shares of INV VK CA VALU by 5.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 20,620 shares of the investment management company's stock valued at $226,000 after purchasing an additional 1,000 shares during the last quarter. LPL Financial LLC grew its holdings in shares of INV VK CA VALU by 1.1% during the fourth quarter. LPL Financial LLC now owns 120,617 shares of the investment management company's stock valued at $1,320,000 after purchasing an additional 1,339 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of INV VK CA VALU by 5.9% during the first quarter. Janney Montgomery Scott LLC now owns 34,220 shares of the investment management company's stock valued at $363,000 after purchasing an additional 1,909 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of INV VK CA VALU by 5.7% during the first quarter. D.A. Davidson & CO. now owns 44,892 shares of the investment management company's stock valued at $476,000 after purchasing an additional 2,427 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new position in shares of INV VK CA VALU during the second quarter valued at approximately $50,000. 18.80% of the stock is owned by institutional investors.
INV VK CA VALU Company Profile
(
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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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