Inv Vk Pa Valu (NYSE:VPV) Declares Monthly Dividend of $0.07

Key Points

• Invesco Pennsylvania Value Municipal Income Trust (NYSE: VPV) has declared a monthly dividend of $0.07, with shareholders of record set to be paid on August 29th.
• The stock price of Inv Vk Pa Valu increased by 0.2% on Monday, trading at $10.02, with a 12-month trading range between $9.50 and $11.41.
• Invesco Pennsylvania Value Municipal Income Trust is a closed-ended fixed income mutual fund managed by Invesco Ltd, investing primarily in the U.S. fixed income markets.

Inv Vk Pa Valu (NYSE:VPV - Get Free Report) announced a monthly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Monday, August 18th will be paid a dividend of 0.0667 per share by the financial services provider on Friday, August 29th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Monday, August 18th.

Inv Vk Pa Valu Trading Up 0.1%

Shares of Inv Vk Pa Valu stock traded up $0.01 during trading hours on Friday, hitting $10.06. 6,691 shares of the company's stock traded hands, compared to its average volume of 49,867. Inv Vk Pa Valu has a 12-month low of $9.50 and a 12-month high of $11.41. The company has a fifty day simple moving average of $9.95 and a 200-day simple moving average of $10.08.

Institutional Investors Weigh In On Inv Vk Pa Valu

Several large investors have recently made changes to their positions in VPV. Wolverine Asset Management LLC increased its position in shares of Inv Vk Pa Valu by 336.6% during the 1st quarter. Wolverine Asset Management LLC now owns 83,276 shares of the financial services provider's stock valued at $849,000 after purchasing an additional 64,204 shares during the last quarter. Tabor Asset Management LP purchased a new stake in shares of Inv Vk Pa Valu during the 1st quarter valued at $611,000. CF Capital LLC purchased a new stake in Inv Vk Pa Valu in the 4th quarter worth about $390,000. Confluence Wealth Services Inc. purchased a new stake in Inv Vk Pa Valu in the 1st quarter worth about $364,000. Finally, Baird Financial Group Inc. purchased a new stake in Inv Vk Pa Valu in the 1st quarter worth about $353,000.

Inv Vk Pa Valu Company 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.