Wolverine Asset Management LLC Grows Holdings in Invesco California Value Municipal Income Trust (NYSE:VCV)

Wolverine Asset Management LLC grew its holdings in Invesco California Value Municipal Income Trust (NYSE:VCV) by 197.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,686 shares of the investment management company’s stock after purchasing an additional 29,671 shares during the period. Wolverine Asset Management LLC owned about 0.09% of Invesco California Value Municipal Income Trust worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Pacific Wealth Strategies Group Inc. boosted its position in Invesco California Value Municipal Income Trust by 7.4% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 62,470 shares of the investment management company’s stock valued at $612,000 after purchasing an additional 4,280 shares in the last quarter. Robinson Capital Management LLC acquired a new stake in Invesco California Value Municipal Income Trust in the third quarter worth about $480,000. Saba Capital Management L.P. boosted its holdings in Invesco California Value Municipal Income Trust by 25.9% in the third quarter. Saba Capital Management L.P. now owns 198,638 shares of the investment management company’s stock worth $1,675,000 after acquiring an additional 40,859 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco California Value Municipal Income Trust in the fourth quarter worth about $2,100,000. Finally, TriaGen Wealth Management LLC acquired a new stake in Invesco California Value Municipal Income Trust in the fourth quarter worth about $101,000. Hedge funds and other institutional investors own 18.80% of the company’s stock.

Invesco California Value Municipal Income Trust Price Performance

Shares of NYSE VCV opened at $9.58 on Friday. The business has a 50-day simple moving average of $9.76 and a two-hundred day simple moving average of $9.45. Invesco California Value Municipal Income Trust has a fifty-two week low of $8.05 and a fifty-two week high of $10.10.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be paid a $0.0366 dividend. This represents a $0.44 annualized dividend and a dividend yield of 4.59%. The ex-dividend date of this dividend is Monday, April 15th.

About Invesco California Value Municipal Income Trust

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.