Balyasny Asset Management L.P. Takes $228,000 Position in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Balyasny Asset Management L.P. bought a new stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,137 shares of the financial services provider’s stock, valued at approximately $228,000.

Other large investors have also modified their holdings of the company. Walleye Capital LLC acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at $116,000. Wolverine Asset Management LLC boosted its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock valued at $196,000 after buying an additional 19,052 shares in the last quarter. Icon Advisers Inc. Co. acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at $203,000. Avantax Advisory Services Inc. acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at $261,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at $298,000.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

Shares of Invesco Pennsylvania Value Municipal Income Trust stock opened at $10.02 on Friday. The company has a fifty day simple moving average of $10.01 and a 200-day simple moving average of $10.41. Invesco Pennsylvania Value Municipal Income Trust has a 12-month low of $9.50 and a 12-month high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a dividend of $0.0667 per share. This represents a $0.80 dividend on an annualized basis and a yield of 7.99%. The ex-dividend date of this dividend is Friday, May 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.