BlackRock MuniVest Fund, Inc. (NYSE:MVF) Shares Bought by Invesco Ltd.

Invesco Ltd. lifted its holdings in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF - Free Report) by 52.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 231,763 shares of the company's stock after purchasing an additional 80,197 shares during the quarter. Invesco Ltd. owned about 0.38% of BlackRock MuniVest Fund worth $1,632,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MVF. Envestnet Asset Management Inc. grew its stake in shares of BlackRock MuniVest Fund by 5.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 166,940 shares of the company's stock worth $1,175,000 after acquiring an additional 8,229 shares in the last quarter. Sit Investment Associates Inc. grew its position in shares of BlackRock MuniVest Fund by 318.5% during the fourth quarter. Sit Investment Associates Inc. now owns 979,630 shares of the company's stock worth $6,897,000 after buying an additional 745,558 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of BlackRock MuniVest Fund during the fourth quarter worth approximately $108,000. LPL Financial LLC raised its holdings in BlackRock MuniVest Fund by 21.1% in the fourth quarter. LPL Financial LLC now owns 75,065 shares of the company's stock valued at $528,000 after acquiring an additional 13,067 shares in the last quarter. Finally, Signaturefd LLC acquired a new position in BlackRock MuniVest Fund during the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 48.16% of the company's stock.

BlackRock MuniVest Fund Price Performance

Shares of MVF traded up $0.01 during midday trading on Monday, reaching $6.89. The stock had a trading volume of 13,427 shares, compared to its average volume of 105,886. The company's fifty day simple moving average is $6.96 and its two-hundred day simple moving average is $7.15. BlackRock MuniVest Fund, Inc. has a 1-year low of $6.50 and a 1-year high of $7.64.

BlackRock MuniVest Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th were issued a $0.036 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 6.27%.

About BlackRock MuniVest Fund

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.