Inv Vk Pa Valu (VPV) to Issue Monthly Dividend of $0.07 on June 30th

Inv Vk Pa Valu (NYSE:VPV) declared a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.0667 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Monday, June 15th.

Inv Vk Pa Valu Stock Up 0.9%

Inv Vk Pa Valu stock opened at $11.08 on Wednesday. The company has a 50 day moving average price of $10.74 and a 200 day moving average price of $10.66. Inv Vk Pa Valu has a 52 week low of $9.75 and a 52 week high of $11.31.

Hedge Funds Weigh In On Inv Vk Pa Valu

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new position in Inv Vk Pa Valu in the 1st quarter worth approximately $236,000. Bank of America Corp DE boosted its stake in Inv Vk Pa Valu by 1.7% in the 1st quarter. Bank of America Corp DE now owns 82,028 shares of the financial services provider’s stock worth $867,000 after purchasing an additional 1,386 shares during the period. Royal Bank of Canada boosted its stake in Inv Vk Pa Valu by 26.1% in the 1st quarter. Royal Bank of Canada now owns 22,640 shares of the financial services provider’s stock worth $239,000 after purchasing an additional 4,689 shares during the period. Alpine Global Management LLC boosted its stake in Inv Vk Pa Valu by 2.8% in the 4th quarter. Alpine Global Management LLC now owns 45,284 shares of the financial services provider’s stock worth $474,000 after purchasing an additional 1,236 shares during the period. Finally, Mcguire Capital Advisors Inc. acquired a new position in Inv Vk Pa Valu in the 4th quarter worth approximately $41,000.

About Inv Vk Pa Valu

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.