Advisors Asset Management Inc. Raises Holdings in Invesco California Value Municipal Income Trust (VCV)

Advisors Asset Management Inc. grew its holdings in shares of Invesco California Value Municipal Income Trust (NYSE:VCV) by 2.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 448,074 shares of the investment management company’s stock after purchasing an additional 9,791 shares during the quarter. Advisors Asset Management Inc. owned about 0.94% of Invesco California Value Municipal Income Trust worth $5,879,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VCV. SG Americas Securities LLC bought a new position in Invesco California Value Municipal Income Trust during the second quarter worth about $136,000. First Trust Advisors LP boosted its position in Invesco California Value Municipal Income Trust by 20.0% during the second quarter. First Trust Advisors LP now owns 12,744 shares of the investment management company’s stock worth $161,000 after purchasing an additional 2,124 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in Invesco California Value Municipal Income Trust by 13.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 14,389 shares of the investment management company’s stock worth $182,000 after purchasing an additional 1,750 shares during the period. Wedbush Securities Inc. boosted its position in Invesco California Value Municipal Income Trust by 15.4% during the second quarter. Wedbush Securities Inc. now owns 15,000 shares of the investment management company’s stock worth $190,000 after purchasing an additional 2,000 shares during the period. Finally, Creative Planning boosted its position in Invesco California Value Municipal Income Trust by 601.2% during the second quarter. Creative Planning now owns 31,651 shares of the investment management company’s stock worth $400,000 after purchasing an additional 27,137 shares during the period. Hedge funds and other institutional investors own 8.26% of the company’s stock.

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Shares of Invesco California Value Municipal Income Trust (NYSE:VCV) remained flat at $$12.86 during trading hours on Monday. The stock had a trading volume of 20,490 shares, compared to its average volume of 84,632. Invesco California Value Municipal Income Trust has a twelve month low of $11.86 and a twelve month high of $13.20.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.0535 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.64 dividend on an annualized basis and a yield of 4.99%.

About Invesco California Value Municipal Income Trust

Invesco Van Kampen California Value Municipal Income Trust (the Trust), formerly Invesco California Value Municipal Income Trust, is a diversified, closed-end management investment trust. The Trust’s investment objective is to seek to provide common shareholders with a high level of current income exempt from federal and California income taxes, consistent with preservation of capital.

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Institutional Ownership by Quarter for Invesco California Value Municipal Income Trust (NYSE:VCV)

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