Virtu Financial LLC Invests $218,000 in BlackRock MuniVest Fund, Inc. (NYSE:MVF)

Virtu Financial LLC purchased a new stake in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 28,734 shares of the company’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MVF. Raymond James & Associates raised its holdings in BlackRock MuniVest Fund by 1.6% in the third quarter. Raymond James & Associates now owns 356,787 shares of the company’s stock valued at $2,712,000 after buying an additional 5,504 shares during the period. US Bancorp DE purchased a new position in shares of BlackRock MuniVest Fund in the 3rd quarter valued at $64,000. Rothschild Investment LLC acquired a new position in shares of BlackRock MuniVest Fund during the 2nd quarter valued at $955,000. Wolverine Asset Management LLC purchased a new stake in BlackRock MuniVest Fund during the 3rd quarter worth $26,000. Finally, Kimelman & Baird LLC acquired a new stake in BlackRock MuniVest Fund in the 2nd quarter valued at $187,000. 48.16% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund Price Performance

NYSE:MVF opened at $7.12 on Thursday. BlackRock MuniVest Fund, Inc. has a 12 month low of $6.73 and a 12 month high of $7.64. The business’s 50-day moving average is $7.37 and its two-hundred day moving average is $7.37.

BlackRock MuniVest Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a $0.036 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date is Monday, December 16th.

BlackRock MuniVest Fund Company 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.