Advisors Asset Management Inc. Boosts Stock Position in Inv Vk Ca Valu $VCV

Advisors Asset Management Inc. raised its position in shares of Inv Vk Ca Valu (NYSE:VCV) by 16.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 805,715 shares of the investment management company’s stock after buying an additional 114,394 shares during the quarter. Advisors Asset Management Inc. owned about 1.68% of Inv Vk Ca Valu worth $8,533,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. HCR Wealth Advisors acquired a new stake in shares of Inv Vk Ca Valu during the third quarter worth $105,000. NWF Advisory Services Inc. purchased a new stake in shares of Inv Vk Ca Valu during the 2nd quarter valued at about $133,000. Envestnet Asset Management Inc. grew its position in shares of Inv Vk Ca Valu by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 31,083 shares of the investment management company’s stock worth $322,000 after buying an additional 1,074 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Inv Vk Ca Valu by 3.1% in the 2nd quarter. Osaic Holdings Inc. now owns 40,265 shares of the investment management company’s stock worth $418,000 after buying an additional 1,196 shares during the last quarter. Finally, Cypress Wealth Services LLC increased its stake in shares of Inv Vk Ca Valu by 1.9% in the third quarter. Cypress Wealth Services LLC now owns 68,002 shares of the investment management company’s stock valued at $720,000 after purchasing an additional 1,259 shares during the period. 18.80% of the stock is currently owned by institutional investors and hedge funds.

Inv Vk Ca Valu Trading Down 0.2%

Shares of Inv Vk Ca Valu stock opened at $11.25 on Thursday. Inv Vk Ca Valu has a 52 week low of $9.51 and a 52 week high of $11.38. The company’s 50-day moving average price is $11.03 and its two-hundred day moving average price is $10.74.

Inv Vk Ca Valu Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a $0.0646 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 6.9%.

Inv Vk Ca Valu Company 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. The fund primarily invests in investment grade California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.