Invesco California Value Municipal Income Trust (NYSE:VCV) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN raised its position in Invesco California Value Municipal Income Trust (NYSE:VCV) by 15.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 513,271 shares of the investment management company’s stock after buying an additional 70,560 shares during the quarter. Wells Fargo & Company MN’s holdings in Invesco California Value Municipal Income Trust were worth $5,615,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of VCV. D.A. Davidson & CO. raised its position in Invesco California Value Municipal Income Trust by 11.4% in the 4th quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company’s stock valued at $465,000 after purchasing an additional 4,350 shares during the last quarter. Sanctuary Advisors LLC increased its stake in Invesco California Value Municipal Income Trust by 32.1% in the third quarter. Sanctuary Advisors LLC now owns 49,073 shares of the investment management company’s stock valued at $507,000 after purchasing an additional 11,938 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Invesco California Value Municipal Income Trust in the fourth quarter valued at about $606,000. Cypress Wealth Services LLC purchased a new stake in shares of Invesco California Value Municipal Income Trust in the fourth quarter valued at about $718,000. Finally, Pacific Wealth Strategies Group Inc. boosted its stake in shares of Invesco California Value Municipal Income Trust by 3.2% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 81,335 shares of the investment management company’s stock worth $890,000 after buying an additional 2,511 shares during the period. 18.80% of the stock is owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Stock Performance

Shares of VCV stock opened at $9.78 on Friday. The stock’s 50-day moving average price is $10.64 and its 200 day moving average price is $10.66. Invesco California Value Municipal Income Trust has a 52-week low of $9.51 and a 52-week high of $11.47.

Invesco California Value Municipal Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.0646 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $0.78 annualized dividend and a dividend yield of 7.93%.

About Invesco California Value Municipal Income Trust

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.