Whitebox Advisors LLC Increases Stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Whitebox Advisors LLC lifted its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 212.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 127,118 shares of the financial services provider’s stock after purchasing an additional 86,489 shares during the period. Whitebox Advisors LLC’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $1,381,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Napa Wealth Management bought a new position in shares of Invesco Pennsylvania Value Municipal Income Trust during the fourth quarter valued at about $273,000. Blue Bell Private Wealth Management LLC grew its position in Invesco Pennsylvania Value Municipal Income Trust by 20.6% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 43,679 shares of the financial services provider’s stock worth $474,000 after acquiring an additional 7,469 shares during the last quarter. City of London Investment Management Co. Ltd. increased its stake in Invesco Pennsylvania Value Municipal Income Trust by 19.4% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 61,590 shares of the financial services provider’s stock worth $669,000 after purchasing an additional 10,000 shares during the period. Bank of New York Mellon Corp lifted its position in Invesco Pennsylvania Value Municipal Income Trust by 7.1% in the second quarter. Bank of New York Mellon Corp now owns 94,135 shares of the financial services provider’s stock valued at $1,022,000 after purchasing an additional 6,257 shares during the last quarter. Finally, Karpus Management Inc. boosted its stake in shares of Invesco Pennsylvania Value Municipal Income Trust by 274.4% during the fourth quarter. Karpus Management Inc. now owns 118,926 shares of the financial services provider’s stock valued at $1,189,000 after purchasing an additional 87,164 shares during the period.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

Shares of Invesco Pennsylvania Value Municipal Income Trust stock opened at $11.22 on Wednesday. Invesco Pennsylvania Value Municipal Income Trust has a 52-week low of $8.58 and a 52-week high of $11.35. The company’s 50 day moving average price is $11.04 and its 200-day moving average price is $10.61.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be issued a $0.0667 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 7.13%. The ex-dividend date is Tuesday, September 17th.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

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.