Bank of America Corp DE Reduces Stock Position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Bank of America Corp DE cut its stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 3.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 115,905 shares of the financial services provider’s stock after selling 4,023 shares during the period. Bank of America Corp DE’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $1,193,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in VPV. Robinson Capital Management LLC purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter valued at approximately $1,743,000. Wolverine Asset Management LLC grew its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the fourth quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock valued at $196,000 after purchasing an additional 19,052 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter valued at approximately $298,000. Avantax Advisory Services Inc. purchased a new position in Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter worth approximately $261,000. Finally, LPL Financial LLC grew its position in Invesco Pennsylvania Value Municipal Income Trust by 5.0% in the fourth quarter. LPL Financial LLC now owns 38,626 shares of the financial services provider’s stock worth $397,000 after acquiring an additional 1,826 shares during the period.

Invesco Pennsylvania Value Municipal Income Trust Trading Down 0.5%

Shares of Invesco Pennsylvania Value Municipal Income Trust stock opened at $9.76 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a fifty-two week low of $9.50 and a fifty-two week high of $11.41. The stock has a 50 day moving average of $9.88 and a 200 day moving average of $10.29.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be given a $0.0667 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.80 annualized dividend and a yield of 8.20%.

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.