Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) Shares Pass Below 50-Day Moving Average of $9.32

Posted by on Oct 18th, 2023

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV – Get Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $9.32 and traded as low as $8.90. Invesco Pennsylvania Value Municipal Income Trust shares last traded at $8.90, with a volume of 40,394 shares changing hands.

Invesco Pennsylvania Value Municipal Income Trust Price Performance

The stock’s fifty day moving average is $9.32 and its 200-day moving average is $9.66.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, October 16th will be issued a $0.0305 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date is Friday, October 13th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. LPL Financial LLC boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 5.2% during the fourth quarter. LPL Financial LLC now owns 27,468 shares of the financial services provider’s stock worth $269,000 after buying an additional 1,356 shares during the period. Journey Strategic Wealth LLC boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 12.2% during the first quarter. Journey Strategic Wealth LLC now owns 16,610 shares of the financial services provider’s stock worth $167,000 after buying an additional 1,802 shares during the period. Cetera Advisor Networks LLC lifted its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 16.4% during the fourth quarter. Cetera Advisor Networks LLC now owns 13,102 shares of the financial services provider’s stock worth $128,000 after purchasing an additional 1,848 shares in the last quarter. WealthTrust Axiom LLC lifted its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 6.6% during the first quarter. WealthTrust Axiom LLC now owns 45,028 shares of the financial services provider’s stock worth $452,000 after purchasing an additional 2,786 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 12.3% during the fourth quarter. Wells Fargo & Company MN now owns 34,852 shares of the financial services provider’s stock worth $342,000 after purchasing an additional 3,812 shares in the last quarter.

Invesco Pennsylvania Value Municipal Income Trust Company Profile

(Get Free Report)

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.

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