Vanguard Capital Wealth Advisors Has $208,000 Stock Position in Invesco California Value Municipal Income Trust (NYSE:VCV)

Vanguard Capital Wealth Advisors lifted its holdings in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 42.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,000 shares of the investment management company’s stock after purchasing an additional 6,000 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Invesco California Value Municipal Income Trust were worth $208,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Blue Bell Private Wealth Management LLC bought a new stake in Invesco California Value Municipal Income Trust in the 2nd quarter valued at $38,000. Commonwealth Equity Services LLC lifted its holdings in Invesco California Value Municipal Income Trust by 40.8% during the 2nd 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 last quarter. Rothschild Investment LLC bought a new position in Invesco California Value Municipal Income Trust during the 2nd quarter valued at about $34,000. Pacific Wealth Strategies Group Inc. raised its stake in shares of Invesco California Value Municipal Income Trust by 17.8% during the second quarter. Pacific Wealth Strategies Group Inc. now owns 79,295 shares of the investment management company’s stock worth $826,000 after buying an additional 11,975 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew 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 valued at $4,006,000 after purchasing an additional 34,932 shares during the period. Institutional investors and hedge funds own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Stock Performance

Shares of NYSE VCV opened at $11.30 on Thursday. The firm has a 50 day moving average price of $10.73 and a 200 day moving average price of $10.19. Invesco California Value Municipal Income Trust has a 52-week low of $8.05 and a 52-week high of $11.41.

Invesco California Value Municipal Income Trust Announces Dividend

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

Invesco California Value Municipal Income Trust 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.