Cypress Wealth Services LLC Purchases Shares of 65,608 Invesco California Value Municipal Income Trust (NYSE:VCV)

Cypress Wealth Services LLC acquired a new position in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 65,608 shares of the investment management company’s stock, valued at approximately $718,000.

Several other large investors also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV raised its stake in shares of Invesco California Value Municipal Income Trust by 138.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 36,220 shares of the investment management company’s stock worth $377,000 after purchasing an additional 21,039 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco California Value Municipal Income Trust in the second quarter valued at about $356,000. International Assets Investment Management LLC grew its holdings in Invesco California Value Municipal Income Trust by 989.0% during the third quarter. International Assets Investment Management LLC now owns 22,869 shares of the investment management company’s stock valued at $249,000 after purchasing an additional 20,769 shares during the period. SteelPeak Wealth LLC purchased a new stake in Invesco California Value Municipal Income Trust in the 3rd quarter worth about $144,000. Finally, Napa Wealth Management bought a new position in Invesco California Value Municipal Income Trust during the third quarter worth about $140,000. 18.80% of the stock is currently owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Price Performance

NYSE VCV opened at $10.86 on Friday. The company’s 50 day moving average is $10.65 and its 200-day moving average is $10.68. Invesco California Value Municipal Income Trust has a 12-month low of $9.49 and a 12-month high of $11.47.

Invesco California Value Municipal Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a dividend of $0.0646 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.78 dividend on an annualized basis and a yield of 7.14%.

Invesco California Value Municipal Income Trust Company Profile

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.