Inv Vk Ca Valu (NYSE:VCV) Announces Monthly Dividend of $0.06

Inv Vk Ca Valu (NYSE:VCV) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.0646 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Tuesday, February 17th.

Inv Vk Ca Valu Trading Up 0.0%

Shares of VCV stock traded up $0.01 during mid-day trading on Tuesday, reaching $11.16. The company’s stock had a trading volume of 45,837 shares, compared to its average volume of 96,629. Inv Vk Ca Valu has a 1-year low of $9.51 and a 1-year high of $11.38. The firm’s 50-day moving average is $10.96 and its two-hundred day moving average is $10.69.

Institutional Investors Weigh In On Inv Vk Ca Valu

A number of institutional investors have recently added to or reduced their stakes in VCV. US Bancorp DE acquired a new position in shares of Inv Vk Ca Valu in the 3rd quarter worth approximately $102,000. HCR Wealth Advisors acquired a new position in Inv Vk Ca Valu during the third quarter worth $105,000. NWF Advisory Services Inc. bought a new position in shares of Inv Vk Ca Valu during the second quarter valued at $133,000. Eclectic Associates Inc. ADV acquired a new stake in shares of Inv Vk Ca Valu in the 4th quarter valued at $138,000. Finally, SteelPeak Wealth LLC acquired a new stake in shares of Inv Vk Ca Valu in the 4th quarter valued at $176,000. 18.80% of the stock is owned by institutional investors and hedge funds.

About Inv Vk Ca Valu

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.