Pacific Wealth Strategies Group Inc. Raises Holdings in Invesco California Value Municipal Income Trust (NYSE:VCV)

Pacific Wealth Strategies Group Inc. raised its holdings in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 7.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,320 shares of the investment management company’s stock after acquiring an additional 4,850 shares during the quarter. Pacific Wealth Strategies Group Inc. owned approximately 0.14% of Invesco California Value Municipal Income Trust worth $671,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Capital Wealth Advisors raised its stake in shares of Invesco California Value Municipal Income Trust by 40.0% during the 1st quarter. Vanguard Capital Wealth Advisors now owns 14,000 shares of the investment management company’s stock worth $139,000 after buying an additional 4,000 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Invesco California Value Municipal Income Trust by 6.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 88,524 shares of the investment management company’s stock worth $882,000 after buying an additional 5,196 shares in the last quarter. TriaGen Wealth Management LLC purchased a new position in shares of Invesco California Value Municipal Income Trust during the 4th quarter worth approximately $101,000. WestHill Financial Advisors Inc. purchased a new position in shares of Invesco California Value Municipal Income Trust during the 4th quarter worth approximately $117,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Invesco California Value Municipal Income Trust during the 4th quarter worth approximately $2,100,000. 18.80% of the stock is owned by institutional investors and hedge funds.

Invesco California Value Municipal Income Trust Price Performance

Shares of VCV stock traded down $0.03 during mid-day trading on Monday, hitting $10.48. 43,046 shares of the company’s stock were exchanged, compared to its average volume of 95,758. Invesco California Value Municipal Income Trust has a fifty-two week low of $8.05 and a fifty-two week high of $10.58. The stock has a 50-day simple moving average of $10.06 and a two-hundred day simple moving average of $9.86.

Invesco California Value Municipal Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Tuesday, July 16th will be issued a $0.0646 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date of this dividend is Tuesday, July 16th.

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.