Canal Capital Management LLC Invests $309,000 in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV)

Canal Capital Management LLC bought a new position in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) in the fourth quarter, Holdings Channel.com reports. The firm bought 28,075 shares of the company’s stock, valued at approximately $309,000.

BlackRock Virginia Municipal Bond Trust Price Performance

Shares of NYSEAMERICAN:BHV opened at $10.32 on Monday. The business has a 50 day moving average of $10.73 and a two-hundred day moving average of $10.91. BlackRock Virginia Municipal Bond Trust has a 12-month low of $10.24 and a 12-month high of $11.76.

BlackRock Virginia Municipal Bond Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a $0.0515 dividend. This represents a $0.62 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Virginia Municipal Bond Trust Profile

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.