Invesco California Value Municipal Income Trust (NYSE:VCV - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.35 and traded as high as $9.70. Invesco California Value Municipal Income Trust shares last traded at $9.59, with a volume of 78,569 shares traded.
Invesco California Value Municipal Income Trust Price Performance
The stock has a 50 day moving average of $9.80 and a 200 day moving average of $9.36.
Invesco California Value Municipal Income Trust Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be issued a dividend of $0.0366 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.58%. The ex-dividend date of this dividend is Monday, April 15th.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Comerica Bank bought a new position in shares of Invesco California Value Municipal Income Trust in the third quarter worth about $34,000. JPMorgan Chase & Co. bought a new position in Invesco California Value Municipal Income Trust in the 1st quarter valued at approximately $88,000. Jane Street Group LLC acquired a new stake in Invesco California Value Municipal Income Trust in the third quarter valued at approximately $91,000. TriaGen Wealth Management LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the fourth quarter worth $101,000. Finally, Stifel Financial Corp acquired a new position in shares of Invesco California Value Municipal Income Trust during the third quarter worth $88,000. 18.80% of the stock is owned by institutional investors.
Invesco California Value Municipal Income Trust Company Profile
(
Get Free Report)
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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