Inv Vk Pa Valu Announces Monthly Dividend of $0.07 (NYSE:VPV)

Inv Vk Pa Valu (NYSE:VPV) announced a monthly dividend on Friday, May 1st. Investors of record on Thursday, May 14th will be paid a dividend of 0.0667 per share by the financial services provider on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Thursday, May 14th.

Inv Vk Pa Valu Stock Up 0.1%

Shares of Inv Vk Pa Valu stock opened at $11.16 on Tuesday. Inv Vk Pa Valu has a 12 month low of $9.75 and a 12 month high of $11.31. The stock’s fifty day simple moving average is $10.69 and its 200 day simple moving average is $10.63.

Institutional Trading of Inv Vk Pa Valu

Several hedge funds have recently added to or reduced their stakes in VPV. Rivernorth Capital Management LLC raised its stake in Inv Vk Pa Valu by 63.6% during the 4th quarter. Rivernorth Capital Management LLC now owns 120,913 shares of the financial services provider’s stock worth $1,265,000 after buying an additional 46,991 shares during the period. Alpine Global Management LLC acquired a new stake in Inv Vk Pa Valu during the 3rd quarter worth $455,000. PNC Financial Services Group Inc. raised its stake in Inv Vk Pa Valu by 443.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 48,083 shares of the financial services provider’s stock worth $497,000 after buying an additional 39,236 shares during the period. North Ground Capital raised its stake in Inv Vk Pa Valu by 68.0% during the 3rd quarter. North Ground Capital now owns 83,691 shares of the financial services provider’s stock worth $865,000 after buying an additional 33,889 shares during the period. Finally, Baird Financial Group Inc. raised 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 worth $484,000 after buying an additional 13,519 shares during the period.

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.