Cerity Partners LLC Purchases New Shares in BlackRock MuniVest Fund, Inc. (NYSE:MVF)

Cerity Partners LLC purchased a new position in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,856 shares of the company’s stock, valued at approximately $99,000.

Other institutional investors have also added to or reduced their stakes in the company. Dakota Wealth Management grew its holdings in shares of BlackRock MuniVest Fund by 18.7% in the third quarter. Dakota Wealth Management now owns 171,450 shares of the company’s stock valued at $1,039,000 after acquiring an additional 27,050 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of BlackRock MuniVest Fund by 1.8% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 145,501 shares of the company’s stock valued at $882,000 after purchasing an additional 2,524 shares during the last quarter. Simon Quick Advisors LLC bought a new stake in shares of BlackRock MuniVest Fund during the 3rd quarter worth $112,000. Advisor Partners II LLC purchased a new position in shares of BlackRock MuniVest Fund in the 3rd quarter worth about $2,850,000. Finally, Park Avenue Securities LLC grew its position in BlackRock MuniVest Fund by 4.9% during the third quarter. Park Avenue Securities LLC now owns 131,483 shares of the company’s stock valued at $797,000 after buying an additional 6,104 shares during the period. 48.16% of the stock is owned by institutional investors.

BlackRock MuniVest Fund Stock Performance

NYSE MVF opened at $6.82 on Wednesday. BlackRock MuniVest Fund, Inc. has a 52-week low of $5.85 and a 52-week high of $7.19. The company has a 50-day simple moving average of $6.96 and a 200 day simple moving average of $6.81.

BlackRock MuniVest Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.03 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.28%.

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.