BlackRock MuniVest Fund, Inc. (MVF) to Issue Monthly Dividend of $0.03 on March 1st

BlackRock MuniVest Fund, Inc. (NYSE:MVFGet Free Report) announced a monthly dividend on Friday, November 17th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.03 per share on Friday, March 1st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniVest Fund Price Performance

Shares of NYSE MVF opened at $7.00 on Monday. BlackRock MuniVest Fund has a 1 year low of $5.85 and a 1 year high of $7.21. The firm has a 50-day moving average of $6.96 and a 200 day moving average of $6.61.

Institutional Trading of BlackRock MuniVest Fund

Several institutional investors have recently added to or reduced their stakes in MVF. Pathstone Family Office LLC grew its stake in shares of BlackRock MuniVest Fund by 20.7% in the fourth quarter. Pathstone Family Office LLC now owns 12,170 shares of the company’s stock worth $85,000 after acquiring an additional 2,090 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in BlackRock MuniVest Fund by 9.9% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 30,000 shares of the company’s stock worth $245,000 after purchasing an additional 2,700 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in BlackRock MuniVest Fund by 2.0% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 139,508 shares of the company’s stock valued at $1,138,000 after buying an additional 2,723 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of BlackRock MuniVest Fund by 2.1% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 147,958 shares of the company’s stock valued at $996,000 after buying an additional 2,995 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of BlackRock MuniVest Fund by 110.5% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 6,246 shares of the company’s stock worth $43,000 after buying an additional 3,279 shares during the last quarter. 39.48% of the stock is currently owned by hedge funds and other institutional investors.

About BlackRock MuniVest Fund

(Get Free Report)

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.

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Dividend History for BlackRock MuniVest Fund (NYSE:MVF)

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