Guggenheim Capital LLC boosted its position in BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,137,845 shares of the company's stock after purchasing an additional 97,081 shares during the period. Guggenheim Capital LLC owned about 1.89% of BlackRock MuniVest Fund worth $8,010,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the company. Bessemer Group Inc. grew its stake in shares of BlackRock MuniVest Fund by 83.1% during the 4th quarter. Bessemer Group Inc. now owns 4,106 shares of the company's stock worth $29,000 after acquiring an additional 1,864 shares during the period. Signaturefd LLC purchased a new position in shares of BlackRock MuniVest Fund in the fourth quarter worth about $35,000. Creative Financial Designs Inc. ADV bought a new stake in shares of BlackRock MuniVest Fund in the fourth quarter valued at approximately $38,000. J.W. Cole Advisors Inc. purchased a new stake in shares of BlackRock MuniVest Fund during the 4th quarter valued at approximately $77,000. Finally, Landscape Capital Management L.L.C. bought a new position in BlackRock MuniVest Fund in the 4th quarter worth approximately $108,000. 48.16% of the stock is owned by hedge funds and other institutional investors.
BlackRock MuniVest Fund Trading Up 0.9 %
MVF stock traded up $0.06 during midday trading on Tuesday, reaching $6.67. 19,949 shares of the company's stock traded hands, compared to its average volume of 109,666. BlackRock MuniVest Fund, Inc. has a 52 week low of $6.50 and a 52 week high of $7.64. The company has a 50-day moving average price of $7.04 and a two-hundred day moving average price of $7.20.
BlackRock MuniVest Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a $0.036 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.43 annualized dividend and a yield of 6.48%.
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.
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