Economia

Invesco Pennsylvania Value Municipal Income Trust

Invesco Pennsylvania Value Municipal Income Trust

Over the past month the firm's stock is -0.83%, 2.05% for the last quarter, 3.46% for the past six-months and -6.78% for the a year ago.

A number of other research analysts have also recently weighed in on the stock.

On March 4 JP Morgan left the company rating at "Overweight" but raised the price target from $44.00 to $46.00. Morgan Stanley now holds 28,121 shares worth $427,000.

Blackrock Taxable Municipal Bond Trust (NYSE BBN) traded up 0.87% on Friday, hitting $23.27. The hedge fund held 629,628 stocks of the investment management firms shares after scooping up an extra 62,428 shares through out the quarter. The company has a 50-day moving average price of $13.17 and a 200 day moving average price of $13.09. Invesco Advantage Municipal Income Tr II has a 52 week low of $10.68 and a 52 week high of $13.36.

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The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Friday, August 11th will be given a $0.0599 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $1.58 annualized dividend and a dividend yield of 6.80%. Macroview Investment Management LLC now owns 12,351 shares valued at $187,000. 456,796 shares of the company were exchanged.

As of the end of the quarter Macroview Investment Management LLC had disposed of a total of 1,190 shares trimming its holdings by 8.8%. UBS Group AG boosted its stake in BlackRock LT Municipal Advantage Trust by 16.7% in the first quarter. The fund owned 67,746 shares of the financial services provider's stock after selling 50,266 shares during the period. Janney Montgomery Scott LLC increased its position in Blackrock Credit Allocation Income Trust by 14.6% in the second quarter. Institutional investors own 7.71% of the company's stock.

BlackRock Credit Allocation Income Trust (the Trust) is a non-diversified closed-end management investment company. The Trust's investment objective is to provide common shareholders with current income, which is exempt from federal income tax.