Avantax Advisory Services Inc. Takes Position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Avantax Advisory Services Inc. bought a new position in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,360 shares of the financial services provider’s stock, valued at approximately $261,000.

Other institutional investors also recently bought and sold shares of the company. Rivernorth Capital Management LLC lifted its stake in Invesco Pennsylvania Value Municipal Income Trust by 12.6% in the 3rd quarter. Rivernorth Capital Management LLC now owns 534,737 shares of the financial services provider’s stock worth $6,048,000 after purchasing an additional 59,736 shares in the last quarter. Robinson Capital Management LLC bought a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter worth about $1,743,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter worth about $298,000. Wolverine Asset Management LLC lifted its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the fourth quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock worth $196,000 after buying an additional 19,052 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Invesco Pennsylvania Value Municipal Income Trust during the third quarter valued at approximately $113,000.

Invesco Pennsylvania Value Municipal Income Trust Stock Down 1.2 %

Shares of VPV opened at $10.29 on Wednesday. Invesco Pennsylvania Value Municipal Income Trust has a 1 year low of $9.84 and a 1 year high of $11.41. The business’s 50 day simple moving average is $10.38 and its 200-day simple moving average is $10.76.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a $0.0667 dividend. This represents a $0.80 annualized dividend and a yield of 7.78%. The ex-dividend date is Wednesday, April 16th.

About Invesco Pennsylvania Value Municipal Income Trust

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.