abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report)'s stock price dropped 0.2% during mid-day trading on Friday . The company traded as low as $9.69 and last traded at $9.72. Approximately 37,447 shares were traded during trading, an increase of 7% from the average daily volume of 34,938 shares. The stock had previously closed at $9.74.
abrdn National Municipal Income Fund Stock Performance
The stock's fifty day moving average price is $9.74 and its two-hundred day moving average price is $10.18.
abrdn National Municipal Income Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 23rd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $0.60 annualized dividend and a dividend yield of 6.17%.
Institutional Trading of abrdn National Municipal Income Fund
Several large investors have recently bought and sold shares of VFL. Wolverine Asset Management LLC purchased a new position in shares of abrdn National Municipal Income Fund in the 4th quarter valued at approximately $30,000. Financial Gravity Asset Management Inc. purchased a new position in shares of abrdn National Municipal Income Fund in the 1st quarter valued at approximately $48,000. Landscape Capital Management L.L.C. purchased a new position in shares of abrdn National Municipal Income Fund in the 1st quarter valued at approximately $109,000. LPL Financial LLC lifted its stake in shares of abrdn National Municipal Income Fund by 13.1% in the 4th quarter. LPL Financial LLC now owns 12,927 shares of the company's stock valued at $131,000 after purchasing an additional 1,501 shares during the period. Finally, Ackerman Capital Advisors LLC purchased a new position in shares of abrdn National Municipal Income Fund in the 4th quarter valued at approximately $140,000.
abrdn National Municipal Income Fund Company Profile
(
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abrdn National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by abrdn Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes.
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