abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report)'s stock price traded up 0.3% during mid-day trading on Tuesday . The company traded as high as $9.52 and last traded at $9.51. 41,219 shares changed hands during trading, an increase of 7% from the average session volume of 38,651 shares. The stock had previously closed at $9.48.
abrdn National Municipal Income Fund Trading Up 0.8%
The business has a 50-day moving average of $9.64 and a 200-day moving average of $9.98.
abrdn National Municipal Income Fund Announces Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 24th were issued a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date was Thursday, July 24th.
Hedge Funds Weigh In On abrdn National Municipal Income Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Guggenheim Capital LLC boosted its holdings in abrdn National Municipal Income Fund by 12.2% during the 4th quarter. Guggenheim Capital LLC now owns 290,785 shares of the company's stock valued at $2,946,000 after acquiring an additional 31,722 shares during the period. Riverbridge Partners LLC boosted its holdings in abrdn National Municipal Income Fund by 4.0% during the 2nd quarter. Riverbridge Partners LLC now owns 117,947 shares of the company's stock valued at $1,139,000 after acquiring an additional 4,590 shares during the period. Realta Investment Advisors boosted its holdings in abrdn National Municipal Income Fund by 58.5% during the 2nd quarter. Realta Investment Advisors now owns 95,192 shares of the company's stock valued at $920,000 after acquiring an additional 35,119 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in abrdn National Municipal Income Fund by 1.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 69,700 shares of the company's stock valued at $707,000 after acquiring an additional 1,165 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in abrdn National Municipal Income Fund by 6.8% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 41,368 shares of the company's stock valued at $419,000 after acquiring an additional 2,635 shares during the period.
About abrdn National Municipal Income Fund
(
Get Free Report)
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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