Northwestern Mutual Wealth Management Co. Buys 11,869 Shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Northwestern Mutual Wealth Management Co. increased its stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 20.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 71,033 shares of the financial services provider’s stock after purchasing an additional 11,869 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.30% of Invesco Pennsylvania Value Municipal Income Trust worth $950,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of VPV. Hennion & Walsh Asset Management Inc. bought a new position in shares of Invesco Pennsylvania Value Municipal Income Trust in the first quarter worth $5,106,000. Saba Capital Management L.P. boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 124.8% in the first quarter. Saba Capital Management L.P. now owns 450,579 shares of the financial services provider’s stock valued at $5,880,000 after buying an additional 250,132 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. acquired a new stake in Invesco Pennsylvania Value Municipal Income Trust in the first quarter valued at about $239,000. Brandywine Oak Private Wealth LLC acquired a new stake in Invesco Pennsylvania Value Municipal Income Trust in the second quarter valued at about $192,000. Finally, Advisor Group Holdings Inc. boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 24.7% in the second quarter. Advisor Group Holdings Inc. now owns 61,059 shares of the financial services provider’s stock valued at $816,000 after buying an additional 12,095 shares in the last quarter. Institutional investors own 12.01% of the company’s stock.

NYSE:VPV opened at $13.32 on Thursday. The stock’s 50-day simple moving average is $13.44 and its 200 day simple moving average is $13.33. Invesco Pennsylvania Value Municipal Income Trust has a twelve month low of $11.80 and a twelve month high of $13.80.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 29th. Investors of record on Thursday, October 14th will be paid a $0.05 dividend. This represents a $0.60 annualized dividend and a yield of 4.50%. The ex-dividend date is Wednesday, October 13th.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania 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.

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Institutional Ownership by Quarter for Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

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