Inv Vk Pa Valu (NYSE:VPV) Trading Up 0.2% – Should You Buy?

Shares of Inv Vk Pa Valu (NYSE:VPV) were up 0.2% on Monday . The company traded as high as $10.76 and last traded at $10.6150. Approximately 40,887 shares traded hands during trading, an increase of 26% from the average daily volume of 32,471 shares. The stock had previously closed at $10.59.

Inv Vk Pa Valu Stock Up 0.2%

The company has a fifty day simple moving average of $10.50 and a 200 day simple moving average of $10.29.

Inv Vk Pa Valu Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.0667 dividend. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 7.5%.

Institutional Trading of Inv Vk Pa Valu

Institutional investors and hedge funds have recently bought and sold shares of the company. Kennedy Investment Group purchased a new position in Inv Vk Pa Valu in the second quarter worth about $102,000. Raymond James Financial Inc. raised its holdings in Inv Vk Pa Valu by 40.5% in the 2nd quarter. Raymond James Financial Inc. now owns 31,439 shares of the financial services provider’s stock worth $316,000 after acquiring an additional 9,068 shares during the last quarter. Alpine Global Management LLC bought a new position in Inv Vk Pa Valu in the 3rd quarter valued at approximately $455,000. Baird Financial Group Inc. boosted its stake in Inv Vk Pa Valu by 39.1% during the 2nd quarter. Baird Financial Group Inc. now owns 48,127 shares of the financial services provider’s stock valued at $484,000 after purchasing an additional 13,519 shares during the last quarter. Finally, Confluence Wealth Services Inc. boosted its stake in Inv Vk Pa Valu by 31.9% during the 2nd quarter. Confluence Wealth Services Inc. now owns 49,452 shares of the financial services provider’s stock valued at $497,000 after purchasing an additional 11,972 shares during the last quarter.

Inv Vk Pa Valu 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. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.