SG Americas Securities LLC raised its holdings in BlackRock MuniVest Fund Inc. (NYSE:MVF) by 39.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,141 shares of the investment management company’s stock after buying an additional 7,934 shares during the period. SG Americas Securities LLC’s holdings in BlackRock MuniVest Fund were worth $272,000 at the end of the most recent quarter.
Separately, Fiduciary Financial Services of The Southwest Inc. TX bought a new stake in BlackRock MuniVest Fund in the second quarter valued at approximately $103,000.
Shares of BlackRock MuniVest Fund Inc. (NYSE:MVF) opened at 9.89 on Friday. BlackRock MuniVest Fund Inc. has a 1-year low of $9.34 and a 1-year high of $10.79. The firm has a 50-day moving average price of $9.85 and a 200 day moving average price of $9.73.
The company also recently announced 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. The ex-dividend date is Thursday, September 14th. This represents a $0.55 annualized dividend and a dividend yield of 5.58%.
BlackRock MuniVest Fund 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.
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