BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Share Price Crosses Below 50-Day Moving Average – Here’s Why

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.

BlackRock Virginia Municipal Bond Trust Stock Performance

The business has a 50 day moving average price of $10.90.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

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

Institutional Inflows and Outflows

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

BlackRock Virginia Municipal Bond Trust Company 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.