Hennion & Walsh Asset Management Inc. Grows Stake in Inv Vk Ca Valu $VCV

Hennion & Walsh Asset Management Inc. raised its holdings in Inv Vk Ca Valu (NYSE:VCV) by 21.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 570,385 shares of the investment management company’s stock after buying an additional 99,089 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Inv Vk Ca Valu were worth $6,154,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VCV. Kestra Advisory Services LLC bought a new position in shares of Inv Vk Ca Valu during the fourth quarter valued at approximately $39,000. US Bancorp DE bought a new stake in Inv Vk Ca Valu in the third quarter valued at $102,000. Independent Financial Group LLC bought a new stake in Inv Vk Ca Valu in the first quarter valued at $123,000. Eclectic Associates Inc. ADV bought a new stake in Inv Vk Ca Valu in the fourth quarter valued at $138,000. Finally, NWF Advisory Services Inc. purchased a new position in Inv Vk Ca Valu during the 4th quarter valued at $166,000. 18.80% of the stock is owned by hedge funds and other institutional investors.

Inv Vk Ca Valu Price Performance

Shares of Inv Vk Ca Valu stock opened at $10.61 on Monday. Inv Vk Ca Valu has a 12-month low of $10.03 and a 12-month high of $11.38. The company’s fifty day simple moving average is $10.67 and its two-hundred day simple moving average is $10.77.

Inv Vk Ca Valu Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a dividend of $0.0646 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

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.