Karpus Management Inc. Has $12.22 Million Holdings in Invesco Pennsylvania Value Municipal Income Trust (VPV)

Karpus Management Inc. lowered its stake in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 4.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 992,430 shares of the financial services provider’s stock after selling 45,146 shares during the period. Karpus Management Inc. owned approximately 4.16% of Invesco Pennsylvania Value Municipal Income Trust worth $12,217,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VPV. Raymond James Financial Services Advisors Inc. acquired a new position in Invesco Pennsylvania Value Municipal Income Trust during the 2nd quarter valued at about $136,000. Janney Montgomery Scott LLC acquired a new position in Invesco Pennsylvania Value Municipal Income Trust during the 3rd quarter valued at about $146,000. Stifel Financial Corp boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 11.7% during the 2nd quarter. Stifel Financial Corp now owns 12,547 shares of the financial services provider’s stock valued at $155,000 after purchasing an additional 1,316 shares during the last quarter. Doliver Capital Advisors LP boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 28.0% during the 2nd quarter. Doliver Capital Advisors LP now owns 16,297 shares of the financial services provider’s stock valued at $201,000 after purchasing an additional 3,569 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 12.5% during the 2nd quarter. Wells Fargo & Company MN now owns 27,914 shares of the financial services provider’s stock valued at $345,000 after purchasing an additional 3,107 shares during the last quarter. Institutional investors and hedge funds own 14.73% of the company’s stock.

Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) traded down $0.03 during mid-day trading on Friday, reaching $12.13. The company’s stock had a trading volume of 90,500 shares, compared to its average volume of 44,021. Invesco Pennsylvania Value Municipal Income Trust has a fifty-two week low of $11.83 and a fifty-two week high of $12.68.

The firm also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, December 13th will be paid a $0.0521 dividend. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 5.15%.

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Invesco Pennsylvania Value Municipal Income Trust Company Profile

Invesco Pennsylvania Value Municipal Income Trust is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal and Pennsylvania income taxes and, where possible under local law, local income and personal property taxes, consistent with preservation of capital.

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Institutional Ownership by Quarter for Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

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