RB Capital Management LLC Has $111,000 Stake in Invesco California Value Municipal Income Trust (NYSE:VCV)

RB Capital Management LLC reduced its holdings in Invesco California Value Municipal Income Trust (NYSE:VCV) by 10.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,123 shares of the investment management company’s stock after selling 1,298 shares during the period. RB Capital Management LLC’s holdings in Invesco California Value Municipal Income Trust were worth $111,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. TriaGen Wealth Management LLC bought a new stake in shares of Invesco California Value Municipal Income Trust during the 4th quarter worth approximately $101,000. WestHill Financial Advisors Inc. acquired a new stake in Invesco California Value Municipal Income Trust in the fourth quarter valued at $117,000. Vanguard Capital Wealth Advisors grew its position in shares of Invesco California Value Municipal Income Trust by 40.0% in the 1st quarter. Vanguard Capital Wealth Advisors now owns 14,000 shares of the investment management company’s stock valued at $139,000 after acquiring an additional 4,000 shares during the period. Aristides Capital LLC bought a new position in shares of Invesco California Value Municipal Income Trust in the 4th quarter valued at about $205,000. Finally, Weiss Asset Management LP acquired a new position in shares of Invesco California Value Municipal Income Trust during the 4th quarter worth about $211,000. 18.80% of the stock is owned by institutional investors.

Invesco California Value Municipal Income Trust Trading Down 0.7 %

Invesco California Value Municipal Income Trust stock traded down $0.07 during midday trading on Wednesday, reaching $10.49. 64,578 shares of the company’s stock were exchanged, compared to its average volume of 93,325. The stock’s 50-day simple moving average is $10.29 and its 200 day simple moving average is $9.93. Invesco California Value Municipal Income Trust has a 52 week low of $8.05 and a 52 week high of $10.77.

Invesco California Value Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 16th will be given a $0.0646 dividend. This represents a $0.78 annualized dividend and a dividend yield of 7.39%. The ex-dividend date of this dividend is Tuesday, July 16th.

Invesco California Value Municipal Income Trust Profile

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.