Advisors Asset Management Inc. Sells 7,130 Shares of Invesco California Value Municipal Income Trust (NYSE:VCV)

Advisors Asset Management Inc. decreased its position in Invesco California Value Municipal Income Trust (NYSE:VCV) by 1.2% during the fourth quarter, Holdings Channel reports. The fund owned 575,122 shares of the investment management company’s stock after selling 7,130 shares during the period. Advisors Asset Management Inc.’s holdings in Invesco California Value Municipal Income Trust were worth $6,292,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Invesco California Value Municipal Income Trust in the 4th quarter worth approximately $606,000. Atria Wealth Solutions Inc. increased its holdings in Invesco California Value Municipal Income Trust by 67.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 255,413 shares of the investment management company’s stock valued at $2,794,000 after buying an additional 103,126 shares during the last quarter. D.A. Davidson & CO. raised its position in Invesco California Value Municipal Income Trust by 11.4% in the fourth quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company’s stock worth $465,000 after acquiring an additional 4,350 shares during the period. Pacific Wealth Strategies Group Inc. boosted its stake in shares of Invesco California Value Municipal Income Trust by 3.2% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 81,335 shares of the investment management company’s stock worth $890,000 after acquiring an additional 2,511 shares during the last quarter. Finally, Cypress Wealth Services LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the 4th quarter valued at $718,000. 18.80% of the stock is owned by hedge funds and other institutional investors.

Invesco California Value Municipal Income Trust Stock Down 0.1 %

Shares of Invesco California Value Municipal Income Trust stock opened at $10.59 on Thursday. The stock’s fifty day moving average is $10.95 and its 200 day moving average is $10.78. Invesco California Value Municipal Income Trust has a one year low of $9.49 and a one year high of $11.47.

Invesco California Value Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be paid a $0.0646 dividend. This represents a $0.78 annualized dividend and a dividend yield of 7.32%. The ex-dividend date is Monday, March 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.