Pathway Financial Advisers LLC Has $55,000 Stake in BlackRock MuniVest Fund, Inc. (NYSE:MVF)

Pathway Financial Advisers LLC trimmed its stake in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 87.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,793 shares of the company's stock after selling 56,863 shares during the period. Pathway Financial Advisers LLC's holdings in BlackRock MuniVest Fund were worth $55,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MVF. Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniVest Fund during the 3rd quarter valued at about $26,000. Larson Financial Group LLC lifted its position in shares of BlackRock MuniVest Fund by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 5,000 shares of the company's stock worth $38,000 after buying an additional 3,500 shares during the period. US Bancorp DE bought a new position in shares of BlackRock MuniVest Fund during the 3rd quarter worth approximately $64,000. Benjamin Edwards Inc. bought a new position in shares of BlackRock MuniVest Fund during the 3rd quarter worth approximately $160,000. Finally, Hennion & Walsh Asset Management Inc. bought a new position in BlackRock MuniVest Fund in the 3rd quarter valued at $164,000. 48.16% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund Trading Up 0.3 %

MVF traded up $0.02 during trading on Monday, hitting $7.26. The company's stock had a trading volume of 114,389 shares, compared to its average volume of 99,920. The firm's 50 day moving average price is $7.19 and its two-hundred day moving average price is $7.35. BlackRock MuniVest Fund, Inc. has a 12 month low of $6.74 and a 12 month high of $7.64.

BlackRock MuniVest Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.036 per share. The ex-dividend date is Friday, February 14th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 5.95%.

BlackRock MuniVest Fund Company Profile

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.