Usca Ria LLC lifted its stake in Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) by 31.7% in the third quarter, HoldingsChannel.com reports. The fund owned 22,875 shares of the closed-end fund’s stock after purchasing an additional 5,500 shares during the period. Usca Ria LLC’s holdings in Blackrock MuniEnhanced Fund were worth $230,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in MEN. Oppenheimer & Co. Inc. bought a new stake in Blackrock MuniEnhanced Fund during the third quarter valued at approximately $103,000. Creative Planning grew its position in Blackrock MuniEnhanced Fund by 22.8% during the second quarter. Creative Planning now owns 32,457 shares of the closed-end fund’s stock valued at $342,000 after buying an additional 6,034 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in Blackrock MuniEnhanced Fund by 57.4% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 41,150 shares of the closed-end fund’s stock valued at $433,000 after buying an additional 15,000 shares during the period. Truvestments Capital LLC bought a new stake in Blackrock MuniEnhanced Fund during the second quarter valued at approximately $464,000. Finally, Raymond James & Associates grew its position in Blackrock MuniEnhanced Fund by 9.5% during the second quarter. Raymond James & Associates now owns 71,875 shares of the closed-end fund’s stock valued at $757,000 after buying an additional 6,211 shares during the period.

Shares of NYSE MEN opened at $9.82 on Friday. Blackrock MuniEnhanced Fund Inc. has a 12-month low of $9.63 and a 12-month high of $12.26.

The firm also recently announced a monthly dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, November 15th will be given a dividend of $0.048 per share. The ex-dividend date is Wednesday, November 14th. This represents a $0.58 annualized dividend and a yield of 5.87%.

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About Blackrock MuniEnhanced Fund

There is no company description available for BlackRock MuniEnhanced Fund, Inc.

Read More: What is the Ex-Dividend Date in Investing?

Want to see what other hedge funds are holding MEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock MuniEnhanced Fund Inc. (NYSE:MEN).

Institutional Ownership by Quarter for Blackrock MuniEnhanced Fund (NYSE:MEN)

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