Invesco Pennsylvania Value Municipal Income Trust (VPV) to Issue Monthly Dividend of $0.03 on April 30th

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPVGet Free Report) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Stockholders of record on Tuesday, April 16th will be paid a dividend of 0.0325 per share by the financial services provider on Tuesday, April 30th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date is Monday, April 15th.

Invesco Pennsylvania Value Municipal Income Trust Trading Up 0.4 %

Shares of VPV stock opened at $10.01 on Friday. The company has a 50 day moving average price of $10.15 and a 200-day moving average price of $9.74. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $8.58 and a 52 week high of $10.28.

Insider Transactions at Invesco Pennsylvania Value Municipal Income Trust

In related news, major shareholder Saba Capital Management, L.P. purchased 10,373 shares of Invesco Pennsylvania Value Municipal Income Trust stock in a transaction dated Monday, March 11th. The stock was purchased at an average cost of $10.22 per share, for a total transaction of $106,012.06. Following the completion of the purchase, the insider now directly owns 2,808,064 shares of the company’s stock, valued at approximately $28,698,414.08. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders purchased 49,467 shares of company stock worth $503,492 over the last three months.

Institutional Trading of Invesco Pennsylvania Value Municipal Income Trust

Large investors have recently made changes to their positions in the stock. Rivernorth Capital Management LLC grew its position in Invesco Pennsylvania Value Municipal Income Trust by 41.7% during the first quarter. Rivernorth Capital Management LLC now owns 137,655 shares of the financial services provider’s stock valued at $1,608,000 after buying an additional 40,540 shares during the period. Royal Bank of Canada grew its position in Invesco Pennsylvania Value Municipal Income Trust by 27.8% during the first quarter. Royal Bank of Canada now owns 51,726 shares of the financial services provider’s stock valued at $604,000 after buying an additional 11,266 shares during the period. Bank of America Corp DE grew its position in Invesco Pennsylvania Value Municipal Income Trust by 23.3% during the first quarter. Bank of America Corp DE now owns 138,145 shares of the financial services provider’s stock valued at $1,614,000 after buying an additional 26,099 shares during the period. LPL Financial LLC grew its position in Invesco Pennsylvania Value Municipal Income Trust by 5.2% during the fourth quarter. LPL Financial LLC now owns 27,468 shares of the financial services provider’s stock valued at $269,000 after buying an additional 1,356 shares during the period. Finally, UBS Group AG grew its position in Invesco Pennsylvania Value Municipal Income Trust by 1,077.3% during the fourth quarter. UBS Group AG now owns 115,421 shares of the financial services provider’s stock valued at $1,131,000 after buying an additional 105,617 shares during the period.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

(Get Free Report)

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.

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Dividend History for Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

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