Raymond James Financial Inc. bought a new position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,999 shares of the financial services provider's stock, valued at approximately $298,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of VPV. Yakira Capital Management Inc. lifted its stake in Invesco Pennsylvania Value Municipal Income Trust by 26.3% in the 4th quarter. Yakira Capital Management Inc. now owns 59,968 shares of the financial services provider's stock worth $617,000 after purchasing an additional 12,492 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust by 5.0% in the fourth quarter. LPL Financial LLC now owns 38,626 shares of the financial services provider's stock worth $397,000 after purchasing an additional 1,826 shares during the last quarter. Avantax Advisory Services Inc. purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter worth about $261,000. Wolverine Asset Management LLC boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% during the fourth quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider's stock valued at $196,000 after buying an additional 19,052 shares during the last quarter. Finally, Robinson Capital Management LLC bought a new position in Invesco Pennsylvania Value Municipal Income Trust during the fourth quarter valued at approximately $1,743,000.
Invesco Pennsylvania Value Municipal Income Trust Stock Performance
NYSE:VPV traded down $0.04 during trading hours on Wednesday, reaching $9.93. The stock had a trading volume of 60,331 shares, compared to its average volume of 53,669. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $9.50 and a 52 week high of $11.41. The company has a 50 day moving average price of $10.04 and a two-hundred day moving average price of $10.43.
Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a $0.0667 dividend. This represents a $0.80 annualized dividend and a yield of 8.06%. The ex-dividend date of this dividend is Friday, May 16th.
Invesco Pennsylvania Value Municipal Income Trust Profile
(
Free Report)
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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