AQR Arbitrage LLC lowered its holdings in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 43.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,845 shares of the company's stock after selling 96,500 shares during the quarter. AQR Arbitrage LLC owned approximately 0.21% of BlackRock MuniVest Fund worth $879,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. lifted its stake in BlackRock MuniVest Fund by 318.5% in the 4th quarter. Sit Investment Associates Inc. now owns 979,630 shares of the company's stock worth $6,897,000 after purchasing an additional 745,558 shares in the last quarter. Raymond James Financial Inc. bought a new stake in BlackRock MuniVest Fund in the fourth quarter worth about $4,978,000. 1607 Capital Partners LLC boosted its holdings in BlackRock MuniVest Fund by 39.8% during the 4th quarter. 1607 Capital Partners LLC now owns 551,113 shares of the company's stock valued at $3,880,000 after acquiring an additional 156,865 shares during the period. Guggenheim Capital LLC grew its holdings in shares of BlackRock MuniVest Fund by 9.3% in the fourth quarter. Guggenheim Capital LLC now owns 1,137,845 shares of the company's stock worth $8,010,000 after purchasing an additional 97,081 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of BlackRock MuniVest Fund by 52.9% in the fourth quarter. Invesco Ltd. now owns 231,763 shares of the company's stock valued at $1,632,000 after purchasing an additional 80,197 shares during the period. Institutional investors own 48.16% of the company's stock.
BlackRock MuniVest Fund Price Performance
MVF stock traded down $0.01 during trading on Wednesday, reaching $6.91. 56,763 shares of the company traded hands, compared to its average volume of 108,340. The business has a 50 day simple moving average of $6.95 and a 200 day simple moving average of $7.15. BlackRock MuniVest Fund, Inc. has a 12 month low of $6.50 and a 12 month high of $7.64.
BlackRock MuniVest Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a $0.036 dividend. This represents a $0.43 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Thursday, May 15th.
BlackRock MuniVest Fund Company Profile
(
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.
Featured Articles
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
