BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $12.43 and traded as high as $12.85. BlackRock Virginia Municipal Bond Trust shares last traded at $12.55, with a volume of 1,711 shares trading hands.

BlackRock Virginia Municipal Bond Trust Trading Down 0.5%

The firm has a 50-day moving average of $12.43 and a 200 day moving average of $11.39.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0455 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

Hedge Funds Weigh In On BlackRock Virginia Municipal Bond Trust

A hedge fund recently bought a new position in BlackRock Virginia Municipal Bond Trust stock. Raymond James Financial Inc. acquired a new position in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,999 shares of the company’s stock, valued at approximately $42,000.

BlackRock Virginia Municipal Bond Trust Company Profile

BlackRock Virginia Municipal Bond Trust (NYSE American: BHV) is a closed-end management investment company that seeks to provide high current income exempt from regular federal and Virginia state income taxes. The trust pursues this objective by investing primarily in investment-grade municipal securities, with a focus on bonds issued by entities located in or serving the Commonwealth of Virginia.

BHV’s portfolio typically consists of general obligation and revenue bonds, including those issued by state and local governments, public authorities, and other municipal issuers.