Inv Vk Ca Valu (NYSE:VCV) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Inv Vk Ca Valu (NYSE:VCV) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.78 and traded as high as $11.23. Inv Vk Ca Valu shares last traded at $11.1960, with a volume of 50,420 shares trading hands.

Inv Vk Ca Valu Stock Performance

The firm has a fifty day moving average price of $11.08 and a 200 day moving average price of $10.78.

Inv Vk Ca Valu Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.0646 per share. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend is Tuesday, February 17th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VCV. Hennion & Walsh Asset Management Inc. increased its position in Inv Vk Ca Valu by 17.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 398,429 shares of the investment management company’s stock worth $4,219,000 after purchasing an additional 59,002 shares during the period. Advisors Asset Management Inc. lifted its holdings in Inv Vk Ca Valu by 9.4% in the second quarter. Advisors Asset Management Inc. now owns 691,321 shares of the investment management company’s stock valued at $7,169,000 after buying an additional 59,189 shares during the period. D.A. Davidson & CO. grew its holdings in Inv Vk Ca Valu by 77.3% during the 3rd quarter. D.A. Davidson & CO. now owns 75,277 shares of the investment management company’s stock worth $797,000 after acquiring an additional 32,812 shares during the period. Vanguard Capital Wealth Advisors lifted its stake in shares of Inv Vk Ca Valu by 50.0% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 30,000 shares of the investment management company’s stock valued at $334,000 after purchasing an additional 10,000 shares during the period. Finally, Cypress Wealth Services LLC boosted its position in shares of Inv Vk Ca Valu by 1.8% in the 4th quarter. Cypress Wealth Services LLC now owns 69,197 shares of the investment management company’s stock worth $770,000 after purchasing an additional 1,195 shares during the last quarter. Institutional investors and hedge funds own 18.80% of the company’s stock.

Inv Vk Ca Valu Company Profile

Invesco California 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 California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.