International Assets Investment Management LLC Invests $2.10 Million in Invesco California Value Municipal Income Trust (NYSE:VCV)

International Assets Investment Management LLC acquired a new position in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) during the 4th quarter, Holdings Channel reports. The firm acquired 20,580 shares of the investment management company’s stock, valued at approximately $2,100,000.

Several other institutional investors also recently modified their holdings of the company. TriaGen Wealth Management LLC acquired a new position in shares of Invesco California Value Municipal Income Trust during the 4th quarter worth about $101,000. Comerica Bank acquired a new position in shares of Invesco California Value Municipal Income Trust during the 3rd quarter worth about $34,000. Ameriprise Financial Inc. grew its stake in Invesco California Value Municipal Income Trust by 5.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 30,376 shares of the investment management company’s stock valued at $256,000 after buying an additional 1,600 shares during the last quarter. Advisors Asset Management Inc. grew its stake in Invesco California Value Municipal Income Trust by 19.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 184,236 shares of the investment management company’s stock valued at $1,553,000 after buying an additional 29,511 shares during the last quarter. Finally, AQR Arbitrage LLC grew its stake in Invesco California Value Municipal Income Trust by 46.5% in the 3rd quarter. AQR Arbitrage LLC now owns 317,422 shares of the investment management company’s stock valued at $2,676,000 after buying an additional 100,797 shares during the last quarter. 18.80% of the stock is currently owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Trading Up 0.4 %

Shares of VCV opened at $9.62 on Friday. Invesco California Value Municipal Income Trust has a 52 week low of $8.05 and a 52 week high of $10.10. The firm’s 50-day simple moving average is $9.78 and its 200 day simple moving average is $9.40.

Invesco California Value Municipal Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be paid a $0.0366 dividend. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.44 dividend on an annualized basis and a yield of 4.57%.

Invesco California Value Municipal Income Trust 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.