Inv Vk Ca Valu (VCV) to Issue Monthly Dividend of $0.06 on July 31st

Inv Vk Ca Valu (NYSE:VCV) announced a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, July 14th will be given a dividend of 0.0646 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Tuesday, July 14th.

Inv Vk Ca Valu Trading Down 0.1%

NYSE VCV opened at $10.80 on Friday. Inv Vk Ca Valu has a one year low of $9.96 and a one year high of $11.38. The stock has a 50-day moving average of $10.64 and a 200 day moving average of $10.83.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its holdings in Inv Vk Ca Valu by 42.8% in the fourth quarter. Advisors Asset Management Inc. now owns 1,150,260 shares of the investment management company’s stock worth $12,802,000 after purchasing an additional 344,545 shares during the last quarter. Guggenheim Capital LLC raised its stake in Inv Vk Ca Valu by 25.9% during the 4th quarter. Guggenheim Capital LLC now owns 1,085,630 shares of the investment management company’s stock valued at $12,083,000 after buying an additional 223,658 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Inv Vk Ca Valu by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 622,806 shares of the investment management company’s stock valued at $6,932,000 after buying an additional 3,279 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Inv Vk Ca Valu by 9.3% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 435,360 shares of the investment management company’s stock valued at $4,846,000 after buying an additional 36,931 shares during the period. Finally, UBS Group AG boosted its stake in shares of Inv Vk Ca Valu by 6.1% in the 4th quarter. UBS Group AG now owns 277,270 shares of the investment management company’s stock worth $3,086,000 after buying an additional 15,926 shares during the last quarter. 18.80% of the stock is owned by hedge funds and other institutional investors.

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.