Napa Wealth Management Acquires Shares of 12,884 Invesco California Value Municipal Income Trust (NYSE:VCV)

Napa Wealth Management bought a new position in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,884 shares of the investment management company’s stock, valued at approximately $140,000.

Other hedge funds have also modified their holdings of the company. Advisors Asset Management Inc. raised its position in Invesco California Value Municipal Income Trust by 16.0% in the first quarter. Advisors Asset Management Inc. now owns 414,664 shares of the investment management company’s stock worth $4,130,000 after acquiring an additional 57,207 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco California Value Municipal Income Trust in the 2nd quarter valued at about $356,000. Commonwealth Equity Services LLC lifted its stake in shares of Invesco California Value Municipal Income Trust by 40.8% in the second quarter. Commonwealth Equity Services LLC now owns 124,653 shares of the investment management company’s stock valued at $1,299,000 after purchasing an additional 36,129 shares during the period. Hennion & Walsh Asset Management Inc. boosted its holdings in Invesco California Value Municipal Income Trust by 10.0% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 384,479 shares of the investment management company’s stock worth $4,006,000 after buying an additional 34,932 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in Invesco California Value Municipal Income Trust by 138.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 36,220 shares of the investment management company’s stock worth $377,000 after buying an additional 21,039 shares during the period. 18.80% of the stock is owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Stock Down 0.2 %

Shares of Invesco California Value Municipal Income Trust stock opened at $10.24 on Tuesday. The company has a 50-day moving average of $10.67 and a two-hundred day moving average of $10.49. Invesco California Value Municipal Income Trust has a 12-month low of $9.08 and a 12-month high of $11.47.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a dividend of $0.0646 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.78 annualized dividend and a yield of 7.57%.

Invesco California Value Municipal Income Trust 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.