International Assets Investment Management LLC purchased a new position in shares of Invesco California Value Municipal Income Trust (NYSE:VCV – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,580 shares of the investment management company’s stock, valued at approximately $2,100,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. lifted its stake in Invesco California Value Municipal Income Trust by 5.6% during the third quarter. Ameriprise Financial Inc. now owns 30,376 shares of the investment management company’s stock worth $256,000 after purchasing an additional 1,600 shares during the period. LPL Financial LLC lifted its stake in Invesco California Value Municipal Income Trust by 8.7% during the second quarter. LPL Financial LLC now owns 26,404 shares of the investment management company’s stock worth $279,000 after purchasing an additional 2,108 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Invesco California Value Municipal Income Trust by 18.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 17,807 shares of the investment management company’s stock worth $197,000 after buying an additional 2,760 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Invesco California Value Municipal Income Trust by 4.0% during the second quarter. Commonwealth Equity Services LLC now owns 84,440 shares of the investment management company’s stock worth $809,000 after buying an additional 3,263 shares in the last quarter. Finally, Comerica Bank acquired a new stake in shares of Invesco California Value Municipal Income Trust during the third quarter worth approximately $34,000. Institutional investors own 18.80% of the company’s stock.
Invesco California Value Municipal Income Trust Stock Up 0.4 %
NYSE VCV opened at $9.62 on Friday. The company has a 50 day moving average of $9.78 and a 200-day moving average of $9.40. Invesco California Value Municipal Income Trust has a 1-year low of $8.05 and a 1-year high of $10.10.
Invesco California Value Municipal Income Trust Announces Dividend
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.
Featured Articles
- Five stocks we like better than Invesco California Value Municipal Income Trust
- Why Invest in High-Yield Dividend Stocks?
- Comprehensive Analysis of PayPal Stock
- 3 Warren Buffett Stocks to Buy Now
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- How to Use the MarketBeat Excel Dividend Calculator
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for Invesco California Value Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco California Value Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.