Pacific Wealth Strategies Group Inc. Has $612,000 Position in Invesco California Value Municipal Income Trust (NYSE:VCV)

Pacific Wealth Strategies Group Inc. increased its stake in Invesco California Value Municipal Income Trust (NYSE:VCV) by 7.4% in the 4th quarter, Holdings Channel reports. The firm owned 62,470 shares of the investment management company’s stock after purchasing an additional 4,280 shares during the period. Pacific Wealth Strategies Group Inc.’s holdings in Invesco California Value Municipal Income Trust were worth $612,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VCV. TriaGen Wealth Management LLC acquired a new position in shares of Invesco California Value Municipal Income Trust during the fourth quarter worth approximately $101,000. Kingswood Wealth Advisors LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the third quarter valued at approximately $95,000. WestHill Financial Advisors Inc. bought a new stake in shares of Invesco California Value Municipal Income Trust during the fourth quarter valued at approximately $117,000. Wolverine Asset Management LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the third quarter valued at approximately $127,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the fourth quarter valued at approximately $2,100,000. 18.80% of the stock is currently owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Stock Performance

Shares of VCV traded up $0.01 on Wednesday, reaching $9.62. 19,880 shares of the stock traded hands, compared to its average volume of 92,429. Invesco California Value Municipal Income Trust has a 12 month low of $8.05 and a 12 month high of $10.10. The stock’s 50-day moving average price is $9.77 and its 200-day moving average price is $9.44.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be given a dividend of $0.0366 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date is Monday, April 15th.

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.