Mackay Shields LLC Sells 44,918 Shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Mackay Shields LLC cut its holdings in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 74.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,557 shares of the financial services provider’s stock after selling 44,918 shares during the quarter. Mackay Shields LLC’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VPV. Sanctuary Advisors LLC bought a new position in Invesco Pennsylvania Value Municipal Income Trust in the third quarter valued at approximately $113,000. International Assets Investment Management LLC boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 1,031.0% in the third quarter. International Assets Investment Management LLC now owns 14,047 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 12,805 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in Invesco Pennsylvania Value Municipal Income Trust by 95,260.0% in the fourth quarter. Wolverine Asset Management LLC now owns 19,072 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 19,052 shares during the last quarter. Haverford Trust Co bought a new position in Invesco Pennsylvania Value Municipal Income Trust in the third quarter valued at approximately $343,000. Finally, Robinson Capital Management LLC bought a new position in Invesco Pennsylvania Value Municipal Income Trust in the fourth quarter valued at approximately $1,743,000.

Invesco Pennsylvania Value Municipal Income Trust Price Performance

Shares of NYSE VPV opened at $10.53 on Friday. The company’s fifty day moving average is $10.32 and its 200-day moving average is $10.85. Invesco Pennsylvania Value Municipal Income Trust has a twelve month low of $9.84 and a twelve month high of $11.41.

Invesco Pennsylvania Value Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0667 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.60%.

Invesco Pennsylvania Value Municipal Income Trust Company 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.