BlackRock MuniVest Fund, Inc. (NYSE:MVF) Shares Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. boosted its stake in BlackRock MuniVest Fund, Inc. (NYSE:MVF – Get Rating) by 5.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 173,851 shares of the company’s stock after buying an additional 9,328 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in BlackRock MuniVest Fund were worth $1,154,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. bought a new stake in shares of BlackRock MuniVest Fund in the 1st quarter worth about $92,000. U.S. Capital Wealth Advisors LLC increased its holdings in BlackRock MuniVest Fund by 9.9% in the first quarter. U.S. Capital Wealth Advisors LLC now owns 30,000 shares of the company’s stock valued at $245,000 after buying an additional 2,700 shares during the last quarter. Allianz Asset Management GmbH bought a new stake in BlackRock MuniVest Fund in the first quarter valued at about $3,271,000. Ancora Advisors LLC raised its stake in BlackRock MuniVest Fund by 18.1% during the first quarter. Ancora Advisors LLC now owns 34,700 shares of the company’s stock valued at $323,000 after buying an additional 5,313 shares in the last quarter. Finally, Wetherby Asset Management Inc. bought a new position in BlackRock MuniVest Fund during the 1st quarter worth approximately $97,000.

BlackRock MuniVest Fund Trading Up 0.3 %

Shares of MVF opened at $7.13 on Friday. BlackRock MuniVest Fund, Inc. has a 52 week low of $6.33 and a 52 week high of $9.12. The stock has a 50 day moving average of $6.90 and a 200-day moving average of $7.05.

BlackRock MuniVest Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Friday, January 13th will be issued a $0.021 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date is Thursday, January 12th.

BlackRock MuniVest Fund Profile

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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.