Hennion & Walsh Asset Management Inc. Has $236,000 Stake in Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV)

Hennion & Walsh Asset Management Inc. trimmed its holdings in shares of Invesco Pennsylvania Value Municipal Income Trust (NYSE:VPV) by 48.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,823 shares of the financial services provider’s stock after selling 19,854 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invesco Pennsylvania Value Municipal Income Trust were worth $236,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. International Assets Investment Management LLC grew its holdings in Invesco Pennsylvania Value Municipal Income Trust by 1,031.0% during the 3rd quarter. International Assets Investment Management LLC now owns 14,047 shares of the financial services provider’s stock worth $159,000 after acquiring an additional 12,805 shares during the period. Whitebox Advisors LLC acquired a new stake in shares of Invesco Pennsylvania Value Municipal Income Trust during the first quarter worth $416,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Invesco Pennsylvania Value Municipal Income Trust by 20.6% during the second quarter. Blue Bell Private Wealth Management LLC now owns 43,679 shares of the financial services provider’s stock worth $474,000 after purchasing an additional 7,469 shares during the period. City of London Investment Management Co. Ltd. boosted its holdings in Invesco Pennsylvania Value Municipal Income Trust by 19.4% during the second quarter. City of London Investment Management Co. Ltd. now owns 61,590 shares of the financial services provider’s stock worth $669,000 after buying an additional 10,000 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Invesco Pennsylvania Value Municipal Income Trust by 7.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 94,135 shares of the financial services provider’s stock valued at $1,022,000 after acquiring an additional 6,257 shares during the last quarter.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. sold 56,200 shares of the firm’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $11.01, for a total transaction of $618,762.00. Following the sale, the insider now owns 2,826,905 shares of the company’s stock, valued at approximately $31,124,224.05. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Invesco Pennsylvania Value Municipal Income Trust Trading Down 0.5 %

Shares of NYSE:VPV opened at $10.96 on Wednesday. The firm’s 50 day simple moving average is $11.18 and its 200 day simple moving average is $10.79. Invesco Pennsylvania Value Municipal Income Trust has a fifty-two week low of $8.61 and a fifty-two week high of $11.40.

Invesco Pennsylvania Value Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be issued a $0.0667 dividend. This represents a $0.80 annualized dividend and a dividend yield of 7.30%. The ex-dividend date of this dividend is Wednesday, October 16th.

About Invesco Pennsylvania Value Municipal Income Trust

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.