BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) Position Reduced by Carnegie Capital Asset Management LLC

Carnegie Capital Asset Management LLC cut its position in shares of BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) by 13.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,851 shares of the investment management company’s stock after selling 3,785 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in BlackRock MuniVest Fund were worth $193,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Mariner Investment Group LLC lifted its stake in BlackRock MuniVest Fund by 2.7% during the fourth quarter. Mariner Investment Group LLC now owns 65,422 shares of the investment management company’s stock valued at $596,000 after buying an additional 1,700 shares in the last quarter. Cohen & Steers Inc. lifted its stake in BlackRock MuniVest Fund by 0.9% during the fourth quarter. Cohen & Steers Inc. now owns 207,362 shares of the investment management company’s stock valued at $1,889,000 after buying an additional 1,920 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in BlackRock MuniVest Fund by 16.9% during the fourth quarter. Sunbelt Securities Inc. now owns 16,678 shares of the investment management company’s stock valued at $152,000 after buying an additional 2,408 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in BlackRock MuniVest Fund by 194.7% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 4,035 shares of the investment management company’s stock valued at $33,000 after buying an additional 2,666 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new stake in BlackRock MuniVest Fund during the fourth quarter valued at about $26,000.

NYSEAMERICAN MVF opened at $8.07 on Friday. BlackRock MuniVest Fund Inc. has a 52-week low of $6.06 and a 52-week high of $9.60.

The business also recently declared a monthly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be given a $0.0335 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 4.98%. The ex-dividend date is Thursday, May 14th.

About BlackRock MuniVest Fund

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.

Further Reading: Options Trading

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

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