abrdn National Municipal Income Fund (NYSE:VFL) Shares Down 0.8% - Here's What Happened

abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report)'s share price was down 0.8% on Thursday . The stock traded as low as $9.87 and last traded at $9.88. 21,080 shares were traded during trading, a decline of 34% from the average daily volume of 31,966 shares. The stock had previously closed at $9.96.abrdn National Municipal Income Fund Stock Down 0.8%The firm has a 50 day moving average of $10.21 and a 200-day moving average of $10.21. abrdn National Municipal Income Fund Dividend AnnouncementThe firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were paid a $0.05 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a c) dividend on an annualized basis and a yield of 6.1%. Institutional Inflows and OutflowsA number of institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of abrdn National Municipal Income Fund in the 2nd quarter worth approximately $69,000. Financial Gravity Asset Management Inc. increased its holdings in abrdn National Municipal Income Fund by 70.6% during the fourth quarter. Financial Gravity Asset Management Inc. now owns 8,103 shares of the company's stock valued at $83,000 after buying an additional 3,353 shares during the period. River Street Advisors LLC bought a new position in abrdn National Municipal Income Fund in the fourth quarter worth approximately $122,000. Traub Capital Management LLC bought a new position in abrdn National Municipal Income Fund in the fourth quarter worth approximately $125,000. Finally, Williams Jones Wealth Management LLC. purchased a new stake in abrdn National Municipal Income Fund during the third quarter worth $130,000. About abrdn National Municipal Income Fund (Get Free Report)abrdn National Municipal Income Fund NYSE: VFL is a diversified, closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income taxes. The fund primarily invests in a portfolio of municipal securities, including general obligation bonds, revenue bonds and other debt obligations issued by state and local governments across the United States. The fund's investment strategy emphasizes a combination of bottom-up credit research and sector allocation to build a tax-exempt portfolio.Recommended StoriesFive stocks we like better than abrdn National Municipal Income FundThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in abrdn National Municipal Income Fund Right Now?Before you consider abrdn National Municipal Income Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and abrdn National Municipal Income Fund wasn't on the list.While abrdn National Municipal Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here