Yakira Capital Management Inc. Acquires 12,492 Shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Yakira Capital Management Inc. boosted its stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 26.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,968 shares of the financial services provider’s stock after acquiring an additional 12,492 shares during the period. Yakira Capital Management Inc.’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $617,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Avantax Advisory Services Inc. bought a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter valued at about $261,000. Sanctuary Advisors LLC purchased a new stake in Invesco Pennsylvania Value Municipal Income Trust in the third quarter worth about $113,000. Robinson Capital Management LLC bought a new stake in Invesco Pennsylvania Value Municipal Income Trust during the 4th quarter valued at approximately $1,743,000. Wolverine Asset Management LLC grew its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% during the 4th quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock worth $196,000 after acquiring an additional 19,052 shares during the period. Finally, Rivernorth Capital Management LLC raised its position in shares of Invesco Pennsylvania Value Municipal Income Trust by 12.6% in the 3rd quarter. Rivernorth Capital Management LLC now owns 534,737 shares of the financial services provider’s stock worth $6,048,000 after acquiring an additional 59,736 shares in the last quarter.

Invesco Pennsylvania Value Municipal Income Trust Stock Performance

VPV opened at $10.26 on Friday. Invesco Pennsylvania Value Municipal Income Trust has a 52 week low of $9.84 and a 52 week high of $11.41. The business has a 50 day moving average of $10.38 and a 200-day moving average of $10.70.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.0667 per share. This represents a $0.80 annualized dividend and a yield of 7.80%. The ex-dividend date of this dividend is Wednesday, April 16th.

Invesco Pennsylvania Value Municipal Income Trust 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.