BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Shares Pass Below 50-Day Moving Average – What’s Next?

Shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHVGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.63 and traded as low as $12.45. BlackRock Virginia Municipal Bond Trust shares last traded at $12.59, with a volume of 3,938 shares changing hands.

BlackRock Virginia Municipal Bond Trust Stock Performance

The company has a 50 day simple moving average of $12.63 and a 200 day simple moving average of $11.63.

BlackRock Virginia Municipal Bond Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.0455 dividend. 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 4.3%.

Institutional Investors Weigh In On BlackRock Virginia Municipal Bond Trust

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

About BlackRock Virginia Municipal Bond Trust

(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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