NINE MASTS CAPITAL Ltd Buys 15,875 Shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF)

NINE MASTS CAPITAL Ltd grew its stake in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 58.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 42,988 shares of the company’s stock after buying an additional 15,875 shares during the quarter. NINE MASTS CAPITAL Ltd owned 0.07% of BlackRock MuniVest Fund worth $308,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Pineridge Advisors LLC purchased a new stake in BlackRock MuniVest Fund in the fourth quarter worth approximately $41,000. Pathway Financial Advisers LLC purchased a new stake in shares of BlackRock MuniVest Fund in the 1st quarter valued at $59,000. Aviance Capital Partners LLC bought a new position in shares of BlackRock MuniVest Fund during the 1st quarter valued at $74,000. Cetera Advisors LLC purchased a new position in BlackRock MuniVest Fund in the 1st quarter worth $101,000. Finally, Nomura Holdings Inc. bought a new stake in BlackRock MuniVest Fund in the fourth quarter worth $158,000. 48.16% of the stock is owned by institutional investors.

BlackRock MuniVest Fund Stock Performance

NYSE MVF opened at $7.52 on Thursday. The company has a 50-day simple moving average of $7.39 and a two-hundred day simple moving average of $7.15. BlackRock MuniVest Fund, Inc. has a 12-month low of $5.85 and a 12-month high of $7.52.

BlackRock MuniVest Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 16th will be given a dividend of $0.03 per share. The ex-dividend date is Monday, September 16th. This represents a $0.36 annualized dividend and a yield of 4.79%.

BlackRock MuniVest Fund Company 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.