Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV - Get Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $9.91 and traded as low as $9.86. Invesco Pennsylvania Value Municipal Income Trust shares last traded at $9.88, with a volume of 89,376 shares.
Invesco Pennsylvania Value Municipal Income Trust Trading Down 0.5%
The firm has a 50-day moving average of $9.89 and a 200-day moving average of $10.30.
Invesco Pennsylvania Value Municipal Income Trust Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th will be issued a $0.0667 dividend. This represents a $0.80 annualized dividend and a dividend yield of 8.20%. The ex-dividend date is Tuesday, June 17th.
Institutional Investors Weigh In On Invesco Pennsylvania Value Municipal Income Trust
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. bought a new stake in Invesco Pennsylvania Value Municipal Income Trust in the 1st quarter worth $90,000. Walleye Capital LLC bought a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter worth about $116,000. Cetera Investment Advisers increased its holdings in Invesco Pennsylvania Value Municipal Income Trust by 9.1% during the 4th quarter. Cetera Investment Advisers now owns 14,099 shares of the financial services provider's stock valued at $145,000 after purchasing an additional 1,172 shares during the period. Wolverine Asset Management LLC increased its holdings in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% during the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider's stock valued at $196,000 after purchasing an additional 19,052 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter worth approximately $198,000.
Invesco Pennsylvania Value Municipal Income Trust Company Profile
(
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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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