PNC Financial Services Group Inc. decreased its position in BlackRock MuniVest Fund, Inc. (NYSE:MVF – Free Report) by 6.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 331,559 shares of the company’s stock after selling 21,141 shares during the period. PNC Financial Services Group Inc. owned about 0.51% of BlackRock MuniVest Fund worth $2,520,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniVest Fund in the 3rd quarter valued at about $26,000. Pathway Financial Advisers LLC acquired a new stake in shares of BlackRock MuniVest Fund in the first quarter valued at approximately $59,000. US Bancorp DE purchased a new position in shares of BlackRock MuniVest Fund during the 3rd quarter worth approximately $64,000. Cetera Advisors LLC purchased a new stake in BlackRock MuniVest Fund in the 1st quarter valued at approximately $101,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in BlackRock MuniVest Fund during the 3rd quarter valued at $164,000. Hedge funds and other institutional investors own 48.16% of the company’s stock.
BlackRock MuniVest Fund Price Performance
BlackRock MuniVest Fund stock opened at $7.32 on Tuesday. BlackRock MuniVest Fund, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $7.64. The stock has a fifty day moving average of $7.42 and a two-hundred day moving average of $7.33.
BlackRock MuniVest Fund Dividend Announcement
BlackRock MuniVest Fund Profile
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.
Further Reading
- Five stocks we like better than BlackRock MuniVest Fund
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Abacus Life’s CEO on Cracking the Code of Longevity Returns
- What Does a Stock Split Mean?
- Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain
- Why Invest in 5G? How to Invest in 5G Stocks
- Discover the 3 Best Performing Stocks That Went Public in 2024
Want to see what other hedge funds are holding MVF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniVest Fund, Inc. (NYSE:MVF – Free Report).
Receive News & Ratings for BlackRock MuniVest Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniVest Fund and related companies with MarketBeat.com's FREE daily email newsletter.