BlackRock MuniVest Fund, Inc. (NYSE:MVF) Stock Position Decreased by Robinson Capital Management LLC

Robinson Capital Management LLC reduced its holdings in BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 6.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 897,322 shares of the company's stock after selling 63,654 shares during the quarter. BlackRock MuniVest Fund accounts for 2.6% of Robinson Capital Management LLC's portfolio, making the stock its 16th largest position. Robinson Capital Management LLC owned about 1.49% of BlackRock MuniVest Fund worth $6,317,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MVF. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniVest Fund in the 3rd quarter valued at approximately $26,000. Larson Financial Group LLC increased its position in BlackRock MuniVest Fund by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 5,000 shares of the company's stock valued at $38,000 after acquiring an additional 3,500 shares during the period. US Bancorp DE acquired a new stake in BlackRock MuniVest Fund in the 3rd quarter valued at approximately $64,000. J.W. Cole Advisors Inc. bought a new position in BlackRock MuniVest Fund during the 4th quarter valued at $77,000. Finally, Benjamin Edwards Inc. bought a new position in BlackRock MuniVest Fund during the 3rd quarter valued at $160,000. 48.16% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund Stock Performance

NYSE MVF traded down $0.01 on Friday, reaching $7.28. 32,252 shares of the stock traded hands, compared to its average volume of 99,954. The firm's fifty day simple moving average is $7.18 and its 200 day simple moving average 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 company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.036 per share. This represents a $0.43 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date is Friday, February 14th.

BlackRock MuniVest Fund 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.