LPL Financial LLC Raises Holdings in Invesco California Value Municipal Income Trust (NYSE:VCV)

LPL Financial LLC increased its position in Invesco California Value Municipal Income Trust (NYSE:VCV) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 120,617 shares of the investment management company’s stock after purchasing an additional 1,339 shares during the period. LPL Financial LLC’s holdings in Invesco California Value Municipal Income Trust were worth $1,320,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Atria Wealth Solutions Inc. lifted its stake in Invesco California Value Municipal Income Trust by 67.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 255,413 shares of the investment management company’s stock valued at $2,794,000 after buying an additional 103,126 shares during the last quarter. Cypress Wealth Services LLC acquired a new position in shares of Invesco California Value Municipal Income Trust in the 4th quarter valued at $718,000. Raymond James Financial Inc. purchased a new stake in Invesco California Value Municipal Income Trust in the 4th quarter valued at $606,000. Sanctuary Advisors LLC boosted its stake in Invesco California Value Municipal Income Trust by 32.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 49,073 shares of the investment management company’s stock worth $507,000 after purchasing an additional 11,938 shares during the period. Finally, D.A. Davidson & CO. grew its position in Invesco California Value Municipal Income Trust by 11.4% during the 4th quarter. D.A. Davidson & CO. now owns 42,465 shares of the investment management company’s stock worth $465,000 after purchasing an additional 4,350 shares during the last quarter. 18.80% of the stock is owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Stock Performance

NYSE VCV opened at $9.78 on Friday. Invesco California Value Municipal Income Trust has a one year low of $9.51 and a one year high of $11.47. The firm’s fifty day moving average is $10.64 and its two-hundred day moving average is $10.66.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.0646 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $0.78 annualized dividend and a yield of 7.93%.

About Invesco California Value Municipal Income Trust

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.