Guggenheim Capital LLC grew its holdings in BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 16.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,320,597 shares of the company's stock after acquiring an additional 182,752 shares during the period. Guggenheim Capital LLC owned about 2.19% of BlackRock MuniVest Fund worth $9,257,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. CF Capital LLC acquired a new position in shares of BlackRock MuniVest Fund in the fourth quarter worth $70,000. NewEdge Advisors LLC acquired a new position in shares of BlackRock MuniVest Fund in the fourth quarter worth $75,000. Nuveen LLC acquired a new position in shares of BlackRock MuniVest Fund in the first quarter worth $85,000. Ameriprise Financial Inc. acquired a new position in shares of BlackRock MuniVest Fund in the fourth quarter worth $103,000. Finally, Ackerman Capital Advisors LLC acquired a new position in shares of BlackRock MuniVest Fund in the first quarter worth $107,000. Institutional investors and hedge funds own 48.16% of the company's stock.
BlackRock MuniVest Fund Stock Performance
Shares of NYSE:MVF traded up $0.05 during trading on Friday, hitting $6.59. The company's stock had a trading volume of 84,179 shares, compared to its average volume of 112,035. The business has a 50 day moving average price of $6.58 and a two-hundred day moving average price of $6.79. BlackRock MuniVest Fund, Inc. has a fifty-two week low of $6.43 and a fifty-two week high of $7.64.
BlackRock MuniVest Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be given a dividend of $0.036 per share. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, August 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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