Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Stock Position Decreased by Brandywine Oak Private Wealth LLC

Brandywine Oak Private Wealth LLC lessened its stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 13.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,462 shares of the financial services provider’s stock after selling 3,223 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $211,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in Invesco Pennsylvania Value Municipal Income Trust in the third quarter valued at about $113,000. International Assets Investment Management LLC increased its position in Invesco Pennsylvania Value Municipal Income Trust by 1,031.0% during the third quarter. International Assets Investment Management LLC now owns 14,047 shares of the financial services provider’s stock worth $159,000 after buying an additional 12,805 shares during the last quarter. Haverford Trust Co bought a new position in Invesco Pennsylvania Value Municipal Income Trust during the third quarter valued at about $343,000. Finally, Rivernorth Capital Management LLC lifted its stake in shares of Invesco Pennsylvania Value Municipal Income Trust by 0.9% in the third quarter. Rivernorth Capital Management LLC now owns 479,204 shares of the financial services provider’s stock worth $5,420,000 after buying an additional 4,203 shares during the last quarter.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. sold 10,306 shares of Invesco Pennsylvania Value Municipal Income Trust stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $11.08, for a total value of $114,190.48. Following the completion of the transaction, the insider now directly owns 2,482,020 shares of the company’s stock, valued at $27,500,781.60. The trade was a 0.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Invesco Pennsylvania Value Municipal Income Trust Stock Up 0.6 %

VPV opened at $10.39 on Thursday. The stock’s 50 day moving average price is $10.51 and its two-hundred day moving average price is $10.89. Invesco Pennsylvania Value Municipal Income Trust has a 12-month low of $9.84 and a 12-month high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0667 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.80 annualized dividend and a yield of 7.70%.

About Invesco Pennsylvania Value Municipal Income Trust

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.