Invesco California Value Municipal Income Trust (NYSE:VCV) Shares Sold by Evoke Wealth LLC

Evoke Wealth LLC reduced its holdings in Invesco California Value Municipal Income Trust (NYSE:VCV) by 23.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 45,000 shares of the investment management company’s stock after selling 13,605 shares during the period. Evoke Wealth LLC’s holdings in Invesco California Value Municipal Income Trust were worth $469,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV raised its holdings in Invesco California Value Municipal Income Trust by 138.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 36,220 shares of the investment management company’s stock valued at $377,000 after acquiring an additional 21,039 shares during the last quarter. Vanguard Capital Wealth Advisors lifted its position in Invesco California Value Municipal Income Trust by 42.9% during the second quarter. Vanguard Capital Wealth Advisors now owns 20,000 shares of the investment management company’s stock worth $208,000 after buying an additional 6,000 shares in the last quarter. Blue Bell Private Wealth Management LLC purchased a new position in Invesco California Value Municipal Income Trust during the second quarter worth approximately $38,000. Commonwealth Equity Services LLC boosted its stake in Invesco California Value Municipal Income Trust by 40.8% during the second quarter. Commonwealth Equity Services LLC now owns 124,653 shares of the investment management company’s stock worth $1,299,000 after buying an additional 36,129 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new stake in Invesco California Value Municipal Income Trust in the 2nd quarter valued at $34,000. 18.80% of the stock is currently owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Trading Down 0.5 %

NYSE VCV opened at $10.94 on Friday. Invesco California Value Municipal Income Trust has a 52 week low of $8.05 and a 52 week high of $11.47. The business’s fifty day simple moving average is $10.81 and its 200-day simple moving average is $10.26.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be paid a $0.0646 dividend. The ex-dividend date of this dividend is Tuesday, September 17th. This represents a $0.78 annualized dividend and a dividend yield of 7.09%.

Invesco California Value Municipal Income Trust Company 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.