Allspring Global Investments Holdings LLC decreased its position in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 740,906 shares of the company's stock after selling 46,875 shares during the quarter. Allspring Global Investments Holdings LLC owned 1.15% of BlackRock MuniVest Fund worth $5,216,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in MVF. Raymond James & Associates grew its holdings in shares of BlackRock MuniVest Fund by 1.6% during the third quarter. Raymond James & Associates now owns 356,787 shares of the company's stock valued at $2,712,000 after buying an additional 5,504 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in BlackRock MuniVest Fund in the third quarter worth approximately $3,180,000. Hennion & Walsh Asset Management Inc. purchased a new stake in BlackRock MuniVest Fund in the third quarter worth approximately $164,000. Pathway Financial Advisers LLC boosted its holdings in BlackRock MuniVest Fund by 666.2% in the third quarter. Pathway Financial Advisers LLC now owns 64,656 shares of the company's stock worth $491,000 after purchasing an additional 56,218 shares during the last quarter. Finally, US Bancorp DE purchased a new stake in BlackRock MuniVest Fund in the third quarter worth approximately $64,000. Hedge funds and other institutional investors own 48.16% of the company's stock.
BlackRock MuniVest Fund Trading Down 0.1 %
MVF stock traded down $0.01 on Friday, hitting $7.28. The company had a trading volume of 32,252 shares, compared to its average volume of 107,021. BlackRock MuniVest Fund, Inc. has a 12-month low of $6.74 and a 12-month high of $7.64. The stock's 50-day simple moving average is $7.18 and its 200 day simple moving average is $7.35.
BlackRock MuniVest Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.036 dividend. This represents a $0.43 annualized dividend and a yield of 5.93%. The ex-dividend date is Friday, February 14th.
About BlackRock MuniVest Fund
(
Free Report)
BlackRock MuniVest Fund, Inc 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, long term municipal obligations that are exempt from federal income taxes.
Recommended Stories
Before you consider BlackRock MuniVest 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 BlackRock MuniVest Fund wasn't on the list.
While BlackRock MuniVest Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
