BlackRock MuniVest Fund (NYSEAMERICAN:MVF) Share Price Crosses Above 50 Day Moving Average of $0.00
BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.00 and traded as high as $9.00. BlackRock MuniVest Fund shares last traded at $8.97, with a volume of 7,126 shares changing hands.
The firm also recently announced a — dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be issued a $0.0355 dividend. This represents a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, September 13th.
Large investors have recently bought and sold shares of the business. First Allied Advisory Services Inc. lifted its holdings in BlackRock MuniVest Fund by 9.4% during the 1st quarter. First Allied Advisory Services Inc. now owns 18,202 shares of the investment management company’s stock worth $163,000 after buying an additional 1,571 shares in the last quarter. HighTower Advisors LLC lifted its holdings in BlackRock MuniVest Fund by 14.2% during the 2nd quarter. HighTower Advisors LLC now owns 20,993 shares of the investment management company’s stock worth $192,000 after buying an additional 2,612 shares in the last quarter. Family Management Corp acquired a new position in BlackRock MuniVest Fund during the 1st quarter worth $257,000. Commonwealth Equity Services LLC lifted its holdings in BlackRock MuniVest Fund by 6.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 29,205 shares of the investment management company’s stock worth $267,000 after buying an additional 1,719 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of BlackRock MuniVest Fund by 141.2% during the 2nd quarter. Royal Bank of Canada now owns 34,459 shares of the investment management company’s stock valued at $316,000 after acquiring an additional 20,171 shares during the last quarter.
BlackRock MuniVest Fund, Inc is a non-diversified, closed-end management investment company. The Trust’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
Featured Article: Golden Cross
Receive News & Ratings for BlackRock MuniVest Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniVest Fund and related companies with MarketBeat.com's FREE daily email newsletter.