Allspring Global Investments Holdings LLC decreased its stake in BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 18.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 604,628 shares of the company's stock after selling 136,278 shares during the period. Allspring Global Investments Holdings LLC owned 1.00% of BlackRock MuniVest Fund worth $4,238,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. increased its position in BlackRock MuniVest Fund by 83.1% during the 4th quarter. Bessemer Group Inc. now owns 4,106 shares of the company's stock valued at $29,000 after purchasing an additional 1,864 shares during the period. Signaturefd LLC bought a new position in BlackRock MuniVest Fund during the fourth quarter worth $35,000. Creative Financial Designs Inc. ADV acquired a new position in BlackRock MuniVest Fund in the fourth quarter valued at $38,000. CF Capital LLC bought a new stake in BlackRock MuniVest Fund during the fourth quarter valued at $70,000. Finally, NewEdge Advisors LLC acquired a new stake in BlackRock MuniVest Fund during the 4th quarter worth about $75,000. 48.16% of the stock is currently owned by institutional investors.
BlackRock MuniVest Fund Stock Down 0.9%
Shares of NYSE:MVF traded down $0.06 during midday trading on Monday, reaching $6.58. The company's stock had a trading volume of 150,056 shares, compared to its average volume of 106,700. BlackRock MuniVest Fund, Inc. has a fifty-two week low of $6.50 and a fifty-two week high of $7.64. The firm has a 50 day moving average price of $6.71 and a two-hundred day moving average price of $6.95.
BlackRock MuniVest Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be paid a dividend of $0.036 per share. This represents a $0.43 annualized dividend and a yield of 6.57%. The ex-dividend date of this dividend is Tuesday, July 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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