abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report)'s share price was up 0.9% during trading on Thursday . The company traded as high as $10.73 and last traded at $10.73. Approximately 19,890 shares traded hands during trading, a decline of 37% from the average daily volume of 31,488 shares. The stock had previously closed at $10.63.
abrdn National Municipal Income Fund Stock Down 1.1 %
The company's 50 day simple moving average is $11.06 and its 200 day simple moving average is $10.62.
abrdn National Municipal Income Fund Announces Dividend
The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Thursday, October 24th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, October 24th. This represents a $0.60 annualized dividend and a yield of 5.66%.
Institutional Trading of abrdn National Municipal Income Fund
Several hedge funds and other institutional investors have recently modified their holdings of VFL. Allspring Global Investments Holdings LLC lifted its holdings in shares of abrdn National Municipal Income Fund by 155.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 158,647 shares of the company's stock valued at $1,675,000 after acquiring an additional 96,630 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in abrdn National Municipal Income Fund by 36.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 77,370 shares of the company's stock valued at $817,000 after purchasing an additional 20,860 shares in the last quarter. Capital Investment Advisors LLC grew its position in abrdn National Municipal Income Fund by 7.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 47,604 shares of the company's stock valued at $532,000 after buying an additional 3,104 shares in the last quarter. Sightline Wealth Advisors LLC bought a new stake in abrdn National Municipal Income Fund during the third quarter worth approximately $370,000. Finally, Blue Bell Private Wealth Management LLC increased its position in abrdn National Municipal Income Fund by 108.9% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 13,797 shares of the company's stock valued at $146,000 after acquiring an additional 7,193 shares in the last quarter.
abrdn National Municipal Income Fund Company Profile
(
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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