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

Shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.90 and traded as low as $10.77. BlackRock Virginia Municipal Bond Trust shares last traded at $10.77, with a volume of 184 shares trading hands.

BlackRock Virginia Municipal Bond Trust Stock Down 0.2 %

The business’s 50-day moving average is $10.90.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0515 per share. The ex-dividend date is Friday, March 14th. This represents a $0.62 dividend on an annualized basis and a yield of 5.74%.

Institutional Investors Weigh In On BlackRock Virginia Municipal Bond Trust

A hedge fund recently bought a new stake in BlackRock Virginia Municipal Bond Trust stock. Canal Capital Management LLC acquired a new position in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,075 shares of the company’s stock, valued at approximately $309,000.

About BlackRock Virginia Municipal Bond Trust

Blackrock Virginia Municipal Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of United States. It primarily invests in the investment grade municipal bonds exempt from federal income taxes and Virginia personal income taxes.