BlackRock Virginia Municipal Bond Trust (BHV) to Issue Monthly Dividend of $0.05 on June 1st

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) declared a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be given a dividend of 0.0455 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Friday, May 15th.

BlackRock Virginia Municipal Bond Trust Stock Up 0.8%

Shares of BHV stock opened at $11.39 on Wednesday. BlackRock Virginia Municipal Bond Trust has a one year low of $10.01 and a one year high of $11.66. The company’s 50-day simple moving average is $10.78 and its 200-day simple moving average is $10.82.

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 stake in shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,999 shares of the company’s stock, valued at approximately $42,000.

About BlackRock Virginia Municipal Bond Trust

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.