BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Share Price Breaks Below 50 Day Moving Average – Here’s What Happened

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV – Get Free Report) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $12.14 and traded as low as $11.18. BlackRock Virginia Municipal Bond Trust shares last traded at $11.18, with a volume of 2,653 shares.

BlackRock Virginia Municipal Bond Trust Trading Up 2.5%

The business’s 50-day moving average is $12.11 and its two-hundred day moving average is $12.00.

BlackRock Virginia Municipal Bond Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be given a dividend of $0.0455 per share. The ex-dividend date is Friday, December 11th. This represents a $0.55 annualized dividend and a yield of 4.8%.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in BlackRock Virginia Municipal Bond Trust stock. Rivernorth Capital Management LLC acquired a new stake in shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund acquired 15,561 shares of the company’s stock, valued at approximately $161,000.

About BlackRock Virginia Municipal Bond Trust

(Get Free Report)

BlackRock Virginia Municipal Bond Trust is a closed-end management investment company listed on the NYSE American under the symbol BHV. The trust seeks to provide current income that is exempt from regular federal income tax and Virginia personal income tax by investing primarily in municipal bonds and other tax-exempt obligations.

The trust’s portfolio generally consists of debt securities issued by or on behalf of the Commonwealth of Virginia, its municipalities, and other public entities.

Further Reading

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