BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Stock Price Passes Above 50 Day Moving Average of $0.00

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.00 and traded as high as $11.47. BlackRock Virginia Municipal Bond Trust shares last traded at $11.44, with a volume of 800 shares traded.

BlackRock Virginia Municipal Bond Trust Stock Performance

BlackRock Virginia Municipal Bond Trust Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.0515 per share. This is a positive change from BlackRock Virginia Municipal Bond Trust’s previous monthly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.62 annualized dividend and a yield of 5.40%.

Hedge Funds Weigh In On BlackRock Virginia Municipal Bond Trust

An institutional investor recently bought a new position in BlackRock Virginia Municipal Bond Trust stock. Geneos Wealth Management Inc. bought a new position in shares of BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,696 shares of the company’s stock, valued at approximately $84,000.

BlackRock Virginia Municipal Bond Trust Company Profile

Blackrock Virginia Municipal Bond 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 United States. It primarily invests in the investment grade municipal bonds exempt from federal income taxes and Virginia personal income taxes.