Invesco California Value Municipal Income Trust (NYSE:VCV) Shares Sold by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd decreased its holdings in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 65.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,971 shares of the investment management company’s stock after selling 61,886 shares during the period. NINE MASTS CAPITAL Ltd’s holdings in Invesco California Value Municipal Income Trust were worth $333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in VCV. Rothschild Investment LLC acquired a new stake in shares of Invesco California Value Municipal Income Trust during the second quarter worth $34,000. Blue Bell Private Wealth Management LLC purchased a new position in Invesco California Value Municipal Income Trust in the 2nd quarter worth about $38,000. Vanguard Capital Wealth Advisors raised its holdings in Invesco California Value Municipal Income Trust by 40.0% during the 1st quarter. Vanguard Capital Wealth Advisors now owns 14,000 shares of the investment management company’s stock worth $139,000 after buying an additional 4,000 shares during the period. Cetera Advisors LLC purchased a new stake in Invesco California Value Municipal Income Trust during the first quarter valued at about $173,000. Finally, Virtu Financial LLC acquired a new position in shares of Invesco California Value Municipal Income Trust in the first quarter worth about $202,000. Institutional investors and hedge funds own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Stock Performance

VCV stock opened at $11.30 on Thursday. Invesco California Value Municipal Income Trust has a 52-week low of $8.05 and a 52-week high of $11.41. The company’s 50 day simple moving average is $10.73 and its 200-day simple moving average is $10.19.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be paid a dividend of $0.0646 per share. This represents a $0.78 annualized dividend and a yield of 6.86%. The ex-dividend date of this dividend is Tuesday, September 17th.

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.