44,425 Shares in BlackRock MuniVest Fund, Inc. (NYSE:MVF) Purchased by Mackay Shields LLC

Mackay Shields LLC purchased a new position in BlackRock MuniVest Fund, Inc. (NYSE:MVF) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 44,425 shares of the company’s stock, valued at approximately $316,000.

A number of other institutional investors have also recently bought and sold shares of MVF. Cerity Partners LLC acquired a new stake in BlackRock MuniVest Fund during the 4th quarter worth about $99,000. Simon Quick Advisors LLC acquired a new stake in BlackRock MuniVest Fund during the 3rd quarter worth about $112,000. Relyea Zuckerberg Hanson LLC acquired a new stake in BlackRock MuniVest Fund during the 4th quarter worth about $142,000. Ironsides Asset Advisors LLC boosted its position in BlackRock MuniVest Fund by 27.1% during the 3rd quarter. Ironsides Asset Advisors LLC now owns 20,622 shares of the company’s stock worth $125,000 after acquiring an additional 4,400 shares during the period. Finally, Sfmg LLC acquired a new stake in BlackRock MuniVest Fund during the 3rd quarter worth about $126,000. Hedge funds and other institutional investors own 48.16% of the company’s stock.

BlackRock MuniVest Fund Trading Down 0.1 %

NYSE MVF traded down $0.01 during trading on Thursday, reaching $6.79. 444,703 shares of the company’s stock were exchanged, compared to its average volume of 162,396. BlackRock MuniVest Fund, Inc. has a fifty-two week low of $5.85 and a fifty-two week high of $7.19. The company’s fifty day simple moving average is $6.97 and its 200-day simple moving average is $6.79.

BlackRock MuniVest Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.03 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.36 annualized dividend and a yield of 5.30%.

About BlackRock MuniVest Fund

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.