BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Trading Up 1.4% – Here’s Why

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHVGet Free Report)’s share price rose 1.4% during mid-day trading on Wednesday . The stock traded as high as $10.62 and last traded at $10.50. Approximately 5,927 shares traded hands during trading, an increase of 23% from the average daily volume of 4,828 shares. The stock had previously closed at $10.36.

BlackRock Virginia Municipal Bond Trust Stock Up 1.4%

The business’s 50 day simple moving average is $10.66 and its 200 day simple moving average is $10.80.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.0455 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BlackRock Virginia Municipal Bond Trust stock. Raymond James Financial Inc. purchased a new position in shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHVFree Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,999 shares of the company’s stock, valued at approximately $42,000.

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.

Further Reading

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