4,901 Shares in BlackRock MuniVest Fund, Inc. (NYSE:MVF) Purchased by Signaturefd LLC

Signaturefd LLC bought a new stake in BlackRock MuniVest Fund, Inc. (NYSE:MVF) during the fourth quarter, HoldingsChannel reports. The fund bought 4,901 shares of the company’s stock, valued at approximately $35,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV acquired a new stake in BlackRock MuniVest Fund during the 4th quarter valued at approximately $38,000. HighTower Advisors LLC acquired a new position in BlackRock MuniVest Fund during the fourth quarter valued at $423,000. Raymond James Financial Inc. purchased a new stake in BlackRock MuniVest Fund in the fourth quarter valued at $4,978,000. Noble Wealth Management PBC purchased a new stake in BlackRock MuniVest Fund in the fourth quarter valued at $142,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in BlackRock MuniVest Fund during the 4th quarter worth about $77,000. Institutional investors and hedge funds own 48.16% of the company’s stock.

BlackRock MuniVest Fund Price Performance

Shares of MVF stock opened at $7.15 on Wednesday. BlackRock MuniVest Fund, Inc. has a 52-week low of $6.74 and a 52-week high of $7.64. The business has a 50-day simple moving average of $7.20 and a 200-day simple moving average of $7.30.

BlackRock MuniVest Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of $0.036 per share. This represents a $0.43 annualized dividend and a yield of 6.04%. The ex-dividend date is Friday, March 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.