XTX Topco Ltd Purchases New Shares in BlackRock Municipal Income Fund, Inc. (NYSE:MUI)

XTX Topco Ltd acquired a new stake in BlackRock Municipal Income Fund, Inc. (NYSE:MUI) in the third quarter, Holdings Channel reports. The fund acquired 17,232 shares of the company’s stock, valued at approximately $217,000.

A number of other institutional investors have also recently bought and sold shares of MUI. Larson Financial Group LLC raised its position in shares of BlackRock Municipal Income Fund by 240.0% in the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock valued at $26,000 after buying an additional 1,440 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in shares of BlackRock Municipal Income Fund during the 2nd quarter valued at $27,000. Farther Finance Advisors LLC acquired a new stake in shares of BlackRock Municipal Income Fund during the 3rd quarter worth $28,000. Eagle Bay Advisors LLC acquired a new position in BlackRock Municipal Income Fund in the second quarter valued at about $82,000. Finally, Wiser Wealth Management Inc bought a new stake in BlackRock Municipal Income Fund during the third quarter worth about $140,000.

BlackRock Municipal Income Fund Trading Down 1.7 %

Shares of BlackRock Municipal Income Fund stock opened at $12.18 on Friday. The firm’s 50-day moving average price is $12.53 and its two-hundred day moving average price is $12.44. BlackRock Municipal Income Fund, Inc. has a 12-month low of $11.35 and a 12-month high of $12.83.

BlackRock Municipal Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.66 dividend on an annualized basis and a yield of 5.42%.

BlackRock Municipal Income Fund Company Profile

BlackRock Muni Intermediate Duration 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 fixed income markets. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment.