BlackRock Long-Term Municipal Advantage Trust (NYSE:BTA – Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.51 and traded as low as $9.16. BlackRock Long-Term Municipal Advantage Trust shares last traded at $9.26, with a volume of 60,465 shares trading hands.
BlackRock Long-Term Municipal Advantage Trust Stock Up 0.8%
The company has a fifty day moving average of $9.10 and a 200 day moving average of $9.51.
BlackRock Long-Term Municipal Advantage Trust Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a dividend of $0.0495 per share. The ex-dividend date is Tuesday, July 15th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 6.41%.
Hedge Funds Weigh In On BlackRock Long-Term Municipal Advantage Trust
About BlackRock Long-Term Municipal Advantage Trust
BlackRock Long-Term Municipal Advantage Trust is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It uses financial derivatives to invest in municipal obligations. The fund primarily invests in long-term municipal bonds with a maturity of more than ten years at the time of investment.
Recommended Stories
- Five stocks we like better than BlackRock Long-Term Municipal Advantage Trust
- Comparing and Trading High PE Ratio Stocks
- Rigetti Computing: Cantor’s Bullish Call May Be Just the Start
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Big Bank Buybacks: Morgan Stanley, Citi, & Wells Fargo Lead
- What is a support level?
- 3 Top Stocks Under $20 Riding the “Made in America” Wave
Receive News & Ratings for BlackRock Long-Term Municipal Advantage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Long-Term Municipal Advantage Trust and related companies with MarketBeat.com's FREE daily email newsletter.