Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 707,152 shares of the company's stock, valued at approximately $4,978,000. Raymond James Financial Inc. owned 1.17% of BlackRock MuniVest Fund as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC purchased a new position in shares of BlackRock MuniVest Fund during the fourth quarter valued at $35,000. Creative Financial Designs Inc. ADV bought a new stake in shares of BlackRock MuniVest Fund in the 4th quarter valued at about $38,000. J.W. Cole Advisors Inc. bought a new stake in shares of BlackRock MuniVest Fund in the 4th quarter valued at about $77,000. Landscape Capital Management L.L.C. purchased a new stake in shares of BlackRock MuniVest Fund in the 4th quarter worth approximately $108,000. Finally, Noble Wealth Management PBC bought a new position in shares of BlackRock MuniVest Fund during the fourth quarter valued at approximately $142,000. 48.16% of the stock is owned by institutional investors.
BlackRock MuniVest Fund Stock Performance
NYSE:MVF traded down $0.01 during trading hours on Tuesday, reaching $6.81. The company's stock had a trading volume of 183,030 shares, compared to its average volume of 107,959. The stock has a 50 day moving average price of $6.99 and a two-hundred day moving average price of $7.17. BlackRock MuniVest Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $7.64.
BlackRock MuniVest Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a dividend of $0.036 per share. This represents a $0.43 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date of this dividend is Tuesday, April 15th.
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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