Cooper Financial Group Takes Position in Invesco California Value Municipal Income Trust (NYSE:VCV)

Cooper Financial Group bought a new stake in shares of Invesco California Value Municipal Income Trust (NYSE:VCVGet Rating) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,020 shares of the investment management company’s stock, valued at approximately $106,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wolverine Asset Management LLC bought a new position in shares of Invesco California Value Municipal Income Trust in the first quarter valued at approximately $946,000. Laurel Wealth Advisors Inc. grew its position in Invesco California Value Municipal Income Trust by 90.3% during the fourth quarter. Laurel Wealth Advisors Inc. now owns 29,956 shares of the investment management company’s stock valued at $417,000 after buying an additional 14,211 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings in Invesco California Value Municipal Income Trust by 31.9% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 170,562 shares of the investment management company’s stock worth $1,890,000 after buying an additional 41,224 shares during the last quarter. Running Point Capital Advisors LLC bought a new stake in Invesco California Value Municipal Income Trust in the first quarter worth about $222,000. Finally, JFS Wealth Advisors LLC raised its holdings in shares of Invesco California Value Municipal Income Trust by 6.7% in the 1st quarter. JFS Wealth Advisors LLC now owns 135,201 shares of the investment management company’s stock worth $1,498,000 after purchasing an additional 8,471 shares during the period. 9.99% of the stock is owned by hedge funds and other institutional investors.

Invesco California Value Municipal Income Trust Price Performance

Shares of NYSE VCV opened at $9.48 on Tuesday. The stock has a fifty day simple moving average of $10.39 and a two-hundred day simple moving average of $10.55. Invesco California Value Municipal Income Trust has a 1-year low of $9.44 and a 1-year high of $14.47.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be paid a $0.0415 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date of this dividend is Wednesday, September 14th.

Invesco California Value Municipal Income Trust Company Profile

(Get Rating)

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.

See Also

Institutional Ownership by Quarter for Invesco California Value Municipal Income Trust (NYSE:VCV)

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