BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHVGet Free Report) passed 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 changing hands.

BlackRock Virginia Municipal Bond Trust Price Performance

The company’s 50-day simple moving average is $12.43 and its 200 day simple moving average is $11.39.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders 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 yield of 4.4%.

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. Rivernorth Capital Management LLC purchased a new stake in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHVFree Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,561 shares of the company’s stock, valued at approximately $161,000.

BlackRock Virginia Municipal Bond Trust Company Profile

(Get Free Report)

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.

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