Van ECK Associates Corp grew its stake in BlackRock MuniVest Fund Inc. (NYSE:MVF) by 30.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,307 shares of the investment management company’s stock after acquiring an additional 28,612 shares during the period. Van ECK Associates Corp owned 0.19% of BlackRock MuniVest Fund worth $1,194,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Fiduciary Financial Services of The Southwest Inc. TX bought a new position in BlackRock MuniVest Fund in the 2nd quarter worth about $103,000. SG Americas Securities LLC lifted its position in shares of BlackRock MuniVest Fund by 39.3% in the 2nd quarter. SG Americas Securities LLC now owns 28,141 shares of the investment management company’s stock worth $272,000 after purchasing an additional 7,934 shares during the period. Ameriprise Financial Inc. lifted its position in shares of BlackRock MuniVest Fund by 3.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 35,749 shares of the investment management company’s stock worth $346,000 after purchasing an additional 1,213 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of BlackRock MuniVest Fund by 13.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 43,168 shares of the investment management company’s stock worth $418,000 after purchasing an additional 5,006 shares during the period. Finally, Conning Inc. lifted its position in shares of BlackRock MuniVest Fund by 1.4% in the 2nd quarter. Conning Inc. now owns 48,651 shares of the investment management company’s stock worth $471,000 after purchasing an additional 687 shares during the period.

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Shares of BlackRock MuniVest Fund Inc. (NYSE:MVF) opened at 9.82 on Thursday. The stock has a 50 day moving average of $9.85 and a 200 day moving average of $9.73. BlackRock MuniVest Fund Inc. has a 12 month low of $9.34 and a 12 month high of $10.79.

The business also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be given a dividend of $0.046 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date of this dividend is Thursday, September 14th.

BlackRock MuniVest Fund Company Profile

BlackRock MuniVest Fund, Inc is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.

Institutional Ownership by Quarter for BlackRock MuniVest Fund (NYSE:MVF)

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