Inv Vk Pa Valu (VPV) to Issue Monthly Dividend of $0.07 on February 27th

Inv Vk Pa Valu (NYSE:VPV) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.0667 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Tuesday, February 17th.

Inv Vk Pa Valu Price Performance

NYSE:VPV opened at $10.73 on Wednesday. The company’s 50 day moving average is $10.51 and its two-hundred day moving average is $10.36. Inv Vk Pa Valu has a twelve month low of $9.50 and a twelve month high of $10.93.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. River Street Advisors LLC acquired a new position in shares of Inv Vk Pa Valu in the fourth quarter valued at $121,000. Raymond James Financial Inc. boosted its stake in shares of Inv Vk Pa Valu by 40.5% during the 2nd quarter. Raymond James Financial Inc. now owns 31,439 shares of the financial services provider’s stock worth $316,000 after buying an additional 9,068 shares during the last quarter. Alpine Global Management LLC acquired a new stake in shares of Inv Vk Pa Valu in the third quarter valued at about $455,000. Baird Financial Group Inc. raised its holdings in Inv Vk Pa Valu by 39.1% during the second quarter. Baird Financial Group Inc. now owns 48,127 shares of the financial services provider’s stock worth $484,000 after acquiring an additional 13,519 shares in the last quarter. Finally, Confluence Wealth Services Inc. boosted its position in 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 purchasing 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. The fund primarily invests in investment grade Pennsylvania municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.