Inv Vk Pa Valu (NYSE:VPV) Shares Pass Above 50-Day Moving Average – Time to Sell?

Inv Vk Pa Valu (NYSE:VPV)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.42 and traded as high as $10.80. Inv Vk Pa Valu shares last traded at $10.79, with a volume of 22,993 shares.

Inv Vk Pa Valu Stock Up 0.6%

The stock has a 50 day moving average price of $10.42 and a 200 day moving average price of $10.11.

Inv Vk Pa Valu Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be given a $0.0667 dividend. The ex-dividend date is Monday, November 17th. This represents a c) annualized dividend and a yield of 7.4%.

Institutional Trading of Inv Vk Pa Valu

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of Inv Vk Pa Valu by 8.8% in the second quarter. Bank of America Corp DE now owns 111,006 shares of the financial services provider’s stock valued at $1,117,000 after buying an additional 9,017 shares during the period. North Ground Capital grew its holdings 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 acquiring an additional 33,889 shares during the last quarter. Wolverine Asset Management LLC increased its position in Inv Vk Pa Valu by 336.6% in the 1st quarter. Wolverine Asset Management LLC now owns 83,276 shares of the financial services provider’s stock valued at $849,000 after acquiring an additional 64,204 shares during the period. Tabor Asset Management LP bought a new position in shares of Inv Vk Pa Valu during the first quarter valued at $611,000. Finally, Confluence Wealth Services Inc. raised its stake in shares of Inv Vk Pa Valu by 31.9% during the second quarter. Confluence Wealth Services Inc. now owns 49,452 shares of the financial services provider’s stock valued at $497,000 after acquiring an additional 11,972 shares during the last quarter.

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.