BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Shares Climb 0.2% – Here’s Why

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV – Get Free Report) traded up 0.2% during mid-day trading on Monday. The company traded as high as $11.62 and last traded at $11.60. Approximately 2,035 shares traded hands during 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 Price Performance

The firm’s fifty day simple moving average is $12.50 and its 200 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 $0.0455 dividend. The ex-dividend date is Friday, December 11th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Trading of BlackRock Virginia Municipal Bond Trust

A hedge fund recently bought a new stake in BlackRock Virginia Municipal Bond Trust stock. Rivernorth Capital Management LLC purchased a new stake in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,561 shares of the company’s stock, valued at approximately $161,000.

About BlackRock Virginia Municipal Bond Trust

(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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