Raymond James & Associates Decreases Stock Position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Raymond James & Associates lessened its position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 11.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 110,064 shares of the financial services provider’s stock after selling 14,669 shares during the quarter. Raymond James & Associates’ holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $1,085,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VPV. Almitas Capital LLC purchased a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter valued at approximately $85,000. Grant Street Asset Management Inc. purchased a new position in Invesco Pennsylvania Value Municipal Income Trust during the first quarter worth approximately $100,000. Cetera Advisor Networks LLC lifted its position in Invesco Pennsylvania Value Municipal Income Trust by 16.4% during the fourth quarter. Cetera Advisor Networks LLC now owns 13,102 shares of the financial services provider’s stock worth $128,000 after buying an additional 1,848 shares in the last quarter. Journey Strategic Wealth LLC lifted its position in Invesco Pennsylvania Value Municipal Income Trust by 12.2% during the first quarter. Journey Strategic Wealth LLC now owns 16,610 shares of the financial services provider’s stock worth $167,000 after buying an additional 1,802 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Invesco Pennsylvania Value Municipal Income Trust during the fourth quarter worth approximately $186,000.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

NYSE:VPV opened at $9.00 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $8.58 and a 52 week high of $10.58. The stock’s fifty day moving average is $9.09 and its two-hundred day moving average is $9.55.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be paid a $0.0278 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 3.71%.

About Invesco Pennsylvania Value Municipal Income Trust

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.