BlackRock MuniVest Fund, Inc. (NYSE:MVF) Shares Acquired by Pathstone Holdings LLC

Pathstone Holdings LLC grew its holdings in BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 0.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,837,292 shares of the company’s stock after buying an additional 15,781 shares during the quarter. Pathstone Holdings LLC’s holdings in BlackRock MuniVest Fund were worth $12,974,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bessemer Group Inc. raised its position in shares of BlackRock MuniVest Fund by 83.1% in the fourth quarter. Bessemer Group Inc. now owns 4,106 shares of the company’s stock valued at $29,000 after buying an additional 1,864 shares during the last quarter. Signaturefd LLC acquired a new stake in shares of BlackRock MuniVest Fund in the fourth quarter valued at about $35,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of BlackRock MuniVest Fund in the fourth quarter valued at about $38,000. CF Capital LLC acquired a new stake in shares of BlackRock MuniVest Fund in the fourth quarter valued at about $70,000. Finally, NewEdge Advisors LLC acquired a new stake in BlackRock MuniVest Fund during the fourth quarter worth about $75,000. 48.16% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund Stock Performance

BlackRock MuniVest Fund stock opened at $6.81 on Friday. BlackRock MuniVest Fund, Inc. has a 12-month low of $6.50 and a 12-month high of $7.64. The company has a 50-day moving average price of $6.89 and a 200 day moving average price of $7.13.

BlackRock MuniVest Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a dividend of $0.036 per share. This represents a $0.43 annualized dividend and a yield of 6.34%. The ex-dividend date of this dividend is Thursday, May 15th.

About BlackRock MuniVest Fund

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.