Shares of Blackrock Strategic Municipal Trust Fund (NYSE:BSD) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as low as $14.34. Blackrock Strategic Municipal Trust Fund shares last traded at $14.34, with a volume of 500 shares traded.
The stock has a 50 day moving average price of $13.60.
The business also recently announced a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be paid a dividend of $0.057 per share. This represents a $0.68 annualized dividend and a yield of 4.79%. The ex-dividend date is Thursday, June 13th.
BlackRock Strategic Municipal Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade quality municipal bonds that are exempt from federal income taxes.
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