Riverbridge Partners LLC Sells 4,302 Shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF)

Riverbridge Partners LLC reduced its position in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,157 shares of the company’s stock after selling 4,302 shares during the period. Riverbridge Partners LLC’s holdings in BlackRock MuniVest Fund were worth $297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pathway Financial Advisers LLC lifted its position in BlackRock MuniVest Fund by 666.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 64,656 shares of the company’s stock worth $491,000 after acquiring an additional 56,218 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of BlackRock MuniVest Fund during the 3rd quarter worth about $3,180,000. Leo Wealth LLC boosted its stake in BlackRock MuniVest Fund by 10.9% during the 3rd quarter. Leo Wealth LLC now owns 302,334 shares of the company’s stock valued at $2,298,000 after purchasing an additional 29,607 shares during the period. Virtu Financial LLC acquired a new stake in BlackRock MuniVest Fund in the 3rd quarter valued at approximately $218,000. Finally, Kimelman & Baird LLC bought a new position in BlackRock MuniVest Fund in the 2nd quarter worth approximately $187,000. 48.16% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund Trading Down 1.7 %

Shares of MVF stock opened at $7.12 on Friday. BlackRock MuniVest Fund, Inc. has a 12 month low of $6.74 and a 12 month high of $7.64. The stock has a 50 day moving average of $7.24 and a 200-day moving average of $7.36.

BlackRock MuniVest Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a $0.036 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 6.07%. The ex-dividend date is Wednesday, January 15th.

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.