Inv Vk Ca Valu (NYSE:VCV) Shareholders to Collect $0.06 Monthly Dividend

Inv Vk Ca Valu (NYSE:VCV) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 16th will be given a dividend of $0.0646 per share by the investment management company on Monday, November 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Monday, November 16th. This is a 0.0% decrease from Inv Vk Ca Valu’s previous monthly dividend of $0.0646.

Inv Vk Ca Valu Trading Up 0.6%

Shares of NYSE VCV traded up $0.05 during mid-day trading on Tuesday, reaching $9.34. The company had a trading volume of 57,316 shares, compared to its average volume of 134,520. Inv Vk Ca Valu has a twelve month low of $8.70 and a twelve month high of $11.38. The stock’s 50 day moving average is $9.46 and its 200-day moving average is $10.44.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Plancorp LLC purchased a new stake in shares of Inv Vk Ca Valu during the 3rd quarter worth about $99,000. Kestra Advisory Services LLC grew its stake in shares of Inv Vk Ca Valu by 53.5% in the 3rd quarter. Kestra Advisory Services LLC now owns 55,602 shares of the investment management company’s stock valued at $499,000 after buying an additional 19,388 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Inv Vk Ca Valu by 17.1% in the third quarter. D.A. Davidson & CO. now owns 78,945 shares of the investment management company’s stock worth $709,000 after buying an additional 11,546 shares during the last quarter. Argyle Capital Partners LLC increased its holdings in Inv Vk Ca Valu by 40.4% in the third quarter. Argyle Capital Partners LLC now owns 56,664 shares of the investment management company’s stock worth $509,000 after buying an additional 16,300 shares during the last quarter. Finally, Wedbush Securities Inc. raised its position in Inv Vk Ca Valu by 9.0% during the third quarter. Wedbush Securities Inc. now owns 77,201 shares of the investment management company’s stock valued at $693,000 after acquiring an additional 6,400 shares in the last quarter. 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-end investment company listed on the New York Stock Exchange under the symbol VCV. The fund seeks to provide current income that is exempt from regular federal income tax and California state income tax by investing primarily in municipal securities issued by or on behalf of California state and local governments and related public entities.

The portfolio may include bonds financing public infrastructure and services such as education, transportation, utilities, healthcare, housing and other governmental or community projects.