Sanctuary Advisors LLC Has $507,000 Stock Position in Invesco California Value Municipal Income Trust (NYSE:VCV)

Sanctuary Advisors LLC boosted its stake in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 32.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,073 shares of the investment management company’s stock after acquiring an additional 11,938 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco California Value Municipal Income Trust were worth $507,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its stake in shares of Invesco California Value Municipal Income Trust by 6.3% during the third quarter. Advisors Asset Management Inc. now owns 582,252 shares of the investment management company’s stock valued at $6,341,000 after purchasing an additional 34,370 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Invesco California Value Municipal Income Trust by 40.8% in 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 buying an additional 36,129 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of Invesco California Value Municipal Income Trust by 138.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 36,220 shares of the investment management company’s stock worth $377,000 after acquiring an additional 21,039 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Invesco California Value Municipal Income Trust by 989.0% during the third quarter. International Assets Investment Management LLC now owns 22,869 shares of the investment management company’s stock valued at $249,000 after acquiring an additional 20,769 shares during the period. Finally, Vanguard Capital Wealth Advisors boosted its holdings in Invesco California Value Municipal Income Trust by 42.9% in the second quarter. Vanguard Capital Wealth Advisors now owns 20,000 shares of the investment management company’s stock valued at $208,000 after acquiring an additional 6,000 shares during the last quarter. Institutional investors and hedge funds own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Stock Performance

Shares of VCV stock opened at $10.67 on Thursday. Invesco California Value Municipal Income Trust has a 12 month low of $9.49 and a 12 month high of $11.47. The stock has a 50-day moving average price of $10.44 and a 200 day moving average price of $10.61.

Invesco California Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be given a dividend of $0.0646 per share. This represents a $0.78 annualized dividend and a dividend yield of 7.27%. The ex-dividend date of this dividend is Tuesday, December 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.