Inv Vk Ca Valu (NYSE:VCV – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Wednesday, October 14th will be given a dividend of $0.0646 per share by the investment management company on Friday, October 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 0.0% increase from Inv Vk Ca Valu’s previous monthly dividend of $0.0646.
Inv Vk Ca Valu Trading Down 0.6%
Shares of NYSE VCV opened at $8.99 on Friday. Inv Vk Ca Valu has a 12-month low of $8.80 and a 12-month high of $11.38. The business’s fifty day simple moving average is $10.13 and its 200-day simple moving average is $10.46.
Institutional Investors Weigh In On Inv Vk Ca Valu
Hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Inv Vk Ca Valu during the second quarter worth approximately $41,000. Independent Financial Group LLC purchased a new position in Inv Vk Ca Valu in the first quarter worth approximately $123,000. RB Capital Management LLC purchased a new position in Inv Vk Ca Valu in the second quarter worth approximately $140,000. NWF Advisory Services Inc. purchased a new position in Inv Vk Ca Valu in the fourth quarter worth approximately $166,000. Finally, Kestra Advisory Services LLC grew its holdings in Inv Vk Ca Valu by 639.9% during the 1st quarter. Kestra Advisory Services LLC now owns 25,704 shares of the investment management company’s stock worth $268,000 after acquiring an additional 22,230 shares in the last quarter. Institutional investors and hedge funds own 18.80% of the company’s stock.
About Inv Vk Ca Valu
Invesco California Value Municipal Income Trust (NYSE: VCV) is a closed-end management investment company focused on California municipal bonds. The fund seeks to provide current income that is exempt from regular federal income tax and California state personal income tax, subject to applicable tax rules.
VCV invests primarily in investment-grade and other municipal securities issued by California state and local governments, public agencies, and related entities. These securities may finance public infrastructure and services, including schools, transportation, utilities, health care facilities, and other community projects.
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