5,450 Shares in BlackRock MuniVest Fund, Inc. (NYSE:MVF) Acquired by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV bought a new position in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVFFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,450 shares of the company’s stock, valued at approximately $38,000.

A number of other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in BlackRock MuniVest Fund in the 4th quarter valued at $4,978,000. Capital Investment Advisors LLC boosted its stake in BlackRock MuniVest Fund by 3.7% in the 4th quarter. Capital Investment Advisors LLC now owns 352,899 shares of the company’s stock valued at $2,484,000 after purchasing an additional 12,674 shares during the period. Leo Wealth LLC boosted its stake in BlackRock MuniVest Fund by 1.7% in the 4th quarter. Leo Wealth LLC now owns 307,617 shares of the company’s stock valued at $2,166,000 after purchasing an additional 5,283 shares during the period. Indiana Trust & Investment Management Co boosted its stake in BlackRock MuniVest Fund by 1.4% in the 4th quarter. Indiana Trust & Investment Management Co now owns 149,520 shares of the company’s stock valued at $1,053,000 after purchasing an additional 2,020 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in BlackRock MuniVest Fund by 7.3% in the 4th quarter. Park Avenue Securities LLC now owns 140,206 shares of the company’s stock valued at $987,000 after purchasing an additional 9,537 shares during the period. 48.16% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniVest Fund Stock Performance

MVF opened at $7.17 on Friday. The business has a fifty day simple moving average of $7.20 and a 200 day simple moving average of $7.31. BlackRock MuniVest Fund, Inc. has a 1 year low of $6.74 and a 1 year high of $7.64.

BlackRock MuniVest Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a $0.036 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.43 annualized dividend and a yield of 6.03%.

BlackRock MuniVest Fund Company Profile

(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.

Further Reading

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

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.