Guggenheim Capital LLC Acquires 182,752 Shares of BlackRock MuniVest Fund, Inc. $MVF

Guggenheim Capital LLC lifted its holdings in BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 16.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,320,597 shares of the company’s stock after purchasing an additional 182,752 shares during the quarter. Guggenheim Capital LLC owned 2.19% of BlackRock MuniVest Fund worth $9,257,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. lifted its position in shares of BlackRock MuniVest Fund by 13.1% in the first quarter. Raymond James Financial Inc. now owns 799,908 shares of the company’s stock worth $5,607,000 after purchasing an additional 92,756 shares in the last quarter. Sit Investment Associates Inc. lifted its position in shares of BlackRock MuniVest Fund by 6.5% in the first quarter. Sit Investment Associates Inc. now owns 1,043,379 shares of the company’s stock worth $7,314,000 after purchasing an additional 63,749 shares in the last quarter. Nuveen LLC bought a new stake in shares of BlackRock MuniVest Fund in the first quarter worth $85,000. Invesco Ltd. lifted its position in shares of BlackRock MuniVest Fund by 22.7% in the first quarter. Invesco Ltd. now owns 284,350 shares of the company’s stock worth $1,993,000 after purchasing an additional 52,587 shares in the last quarter. Finally, Ackerman Capital Advisors LLC bought a new stake in shares of BlackRock MuniVest Fund in the first quarter worth $107,000. Institutional investors own 48.16% of the company’s stock.

BlackRock MuniVest Fund Stock Up 0.1%

NYSE MVF opened at $6.55 on Friday. The firm’s fifty day moving average price is $6.58 and its two-hundred day moving average price is $6.80. BlackRock MuniVest Fund, Inc. has a 1 year low of $6.43 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, September 2nd. Shareholders of record on Friday, August 15th will be given a dividend of $0.036 per share. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Friday, August 15th.

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.