Inv Vk Ca Valu $VCV Position Raised by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its position in shares of Inv Vk Ca Valu (NYSE:VCV) by 17.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 398,429 shares of the investment management company’s stock after acquiring an additional 59,002 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.83% of Inv Vk Ca Valu worth $4,219,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Advisors Asset Management Inc. boosted its stake in Inv Vk Ca Valu by 9.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 691,321 shares of the investment management company’s stock valued at $7,169,000 after purchasing an additional 59,189 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of Inv Vk Ca Valu in the second quarter valued at approximately $50,000. Clay Northam Wealth Management LLC raised its holdings in shares of Inv Vk Ca Valu by 33.4% during the second quarter. Clay Northam Wealth Management LLC now owns 30,147 shares of the investment management company’s stock valued at $313,000 after buying an additional 7,547 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Inv Vk Ca Valu by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 31,083 shares of the investment management company’s stock valued at $322,000 after buying an additional 1,074 shares during the last quarter. Finally, HCR Wealth Advisors acquired a new position in shares of Inv Vk Ca Valu during the third quarter worth approximately $105,000. Institutional investors own 18.80% of the company’s stock.

Inv Vk Ca Valu Price Performance

Shares of VCV stock opened at $11.14 on Wednesday. Inv Vk Ca Valu has a 12-month low of $9.51 and a 12-month high of $11.38. The business has a 50 day simple moving average of $10.96 and a 200 day simple moving average of $10.59.

Inv Vk Ca Valu Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a dividend of $0.0646 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, January 15th.

Inv Vk Ca Valu 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. The fund primarily invests in investment grade California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.