BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Stock Price Up 0.2% – Here’s Why

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV – Get Free Report) was up 0.2% during trading on Monday. The stock traded as high as $11.62 and last traded at $11.60. Approximately 2,035 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 4,995 shares. The stock had previously closed at $11.58.

BlackRock Virginia Municipal Bond Trust Trading Up 0.2%

The stock’s 50-day simple moving average is $12.50 and its two-hundred day simple moving average is $11.92.

BlackRock Virginia Municipal Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be paid a dividend of $0.0455 per share. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in BlackRock Virginia Municipal Bond Trust stock. Rivernorth Capital Management LLC acquired a new position in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 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 is a closed-end investment fund listed on the NYSE American under the symbol BHV. The fund seeks to provide current income that is exempt from regular federal income tax and Virginia personal income tax by investing primarily in municipal bonds issued by the Commonwealth of Virginia and its municipalities, agencies, and other governmental entities.

The portfolio may include a range of Virginia-related municipal obligations, such as general obligation bonds, revenue bonds, and other debt securities used to finance public infrastructure and essential services.

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