Mackay Shields LLC Sells 44,918 Shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Mackay Shields LLC trimmed its position in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 74.3% during the fourth quarter, HoldingsChannel reports. The firm owned 15,557 shares of the financial services provider’s stock after selling 44,918 shares during the quarter. Mackay Shields LLC’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $160,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in Invesco Pennsylvania Value Municipal Income Trust in the 3rd quarter valued at $113,000. International Assets Investment Management LLC lifted its position in Invesco Pennsylvania Value Municipal Income Trust by 1,031.0% in the 3rd quarter. International Assets Investment Management LLC now owns 14,047 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 12,805 shares in the last quarter. Wolverine Asset Management LLC lifted its position in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 19,052 shares in the last quarter. Haverford Trust Co bought a new stake in Invesco Pennsylvania Value Municipal Income Trust in the 3rd quarter valued at $343,000. Finally, Robinson Capital Management LLC bought a new stake in Invesco Pennsylvania Value Municipal Income Trust in the 4th quarter valued at $1,743,000.

Invesco Pennsylvania Value Municipal Income Trust Stock Up 0.5 %

VPV opened at $10.53 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a 12 month low of $9.84 and a 12 month high of $11.41. The firm’s fifty day simple moving average is $10.32 and its 200 day simple moving average is $10.85.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a $0.0667 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.80 annualized dividend and a yield of 7.60%.

Invesco Pennsylvania Value Municipal Income Trust 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.