Delaware Investments National Municipal Income Fund (NYSE:VFL) Stock Price Down 1.2%

Delaware Investments National Municipal Income Fund (NYSE:VFLGet Rating)’s stock price was down 1.2% during mid-day trading on Monday . The company traded as low as $12.17 and last traded at $12.21. Approximately 23,141 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 46,704 shares. The stock had previously closed at $12.36.

Delaware Investments National Municipal Income Fund Trading Down 1.2 %

The company has a 50-day moving average price of $12.05 and a two-hundred day moving average price of $12.14.

Delaware Investments National Municipal Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 26th. Shareholders of record on Friday, August 19th were given a $0.045 dividend. This represents a $0.54 annualized dividend and a yield of 4.42%. The ex-dividend date of this dividend was Thursday, August 18th.

Insider Buying and Selling at Delaware Investments National Municipal Income Fund

In other Delaware Investments National Municipal Income Fund news, major shareholder Saba Capital Management, L.P. acquired 5,097 shares of the business’s stock in a transaction on Monday, June 6th. The shares were bought at an average price of $12.01 per share, with a total value of $61,214.97. Following the transaction, the insider now directly owns 3,355,966 shares of the company’s stock, valued at approximately $40,305,151.66. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired 26,322 shares of company stock valued at $318,719 in the last quarter. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Delaware Investments National Municipal Income Fund

Several hedge funds have recently made changes to their positions in VFL. Laurel Wealth Planning LLC purchased a new stake in shares of Delaware Investments National Municipal Income Fund during the 1st quarter worth $25,000. Tradition Wealth Management LLC acquired a new stake in Delaware Investments National Municipal Income Fund during the first quarter worth about $43,000. AdvisorNet Financial Inc grew its holdings in Delaware Investments National Municipal Income Fund by 235.2% during the first quarter. AdvisorNet Financial Inc now owns 3,855 shares of the company’s stock worth $49,000 after acquiring an additional 2,705 shares during the period. US Bancorp DE acquired a new stake in Delaware Investments National Municipal Income Fund during the first quarter worth about $54,000. Finally, SeaCrest Wealth Management LLC acquired a new stake in Delaware Investments National Municipal Income Fund during the second quarter worth about $53,000. 24.71% of the stock is currently owned by hedge funds and other institutional investors.

About Delaware Investments National Municipal Income Fund

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Delaware Investments National Municipal Income Fund is a closed-ended fixed income mutual fund launched by Delaware Management Holdings, Inc The fund is managed by Delaware Management Business Trust. 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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