BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) Announces $0.05 Monthly Dividend

BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) declared a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be given a dividend of 0.0455 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Monday, June 15th.

BlackRock Virginia Municipal Bond Trust Price Performance

Shares of BHV stock traded up $0.15 during trading hours on Friday, reaching $12.60. The stock had a trading volume of 5,700 shares, compared to its average volume of 4,860. The stock’s fifty day simple moving average is $11.28 and its 200 day simple moving average is $10.90. BlackRock Virginia Municipal Bond Trust has a 12 month low of $10.01 and a 12 month high of $12.98.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BlackRock Virginia Municipal Bond Trust stock. Raymond James Financial Inc. purchased a new position in BlackRock Virginia Municipal Bond Trust (NYSEAMERICAN:BHV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,999 shares of the company’s stock, valued at approximately $42,000.

About BlackRock Virginia Municipal Bond Trust

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.