BlackRock MuniVest Fund, Inc. (NYSE:MVF) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lessened its holdings in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 6.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,032 shares of the company’s stock after selling 4,720 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.11% of BlackRock MuniVest Fund worth $563,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Benjamin Edwards Inc. acquired a new position in BlackRock MuniVest Fund during the third quarter worth $160,000. Larson Financial Group LLC grew its holdings in BlackRock MuniVest Fund by 233.3% during the third quarter. Larson Financial Group LLC now owns 5,000 shares of the company’s stock worth $38,000 after acquiring an additional 3,500 shares during the period. Wolverine Asset Management LLC acquired a new position in BlackRock MuniVest Fund during the third quarter worth $26,000. US Bancorp DE acquired a new position in BlackRock MuniVest Fund during the third quarter worth $64,000. Finally, Pathway Financial Advisers LLC grew its holdings in BlackRock MuniVest Fund by 666.2% during the third 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 period. Institutional investors and hedge funds own 48.16% of the company’s stock.

BlackRock MuniVest Fund Price Performance

BlackRock MuniVest Fund stock opened at $7.41 on Wednesday. BlackRock MuniVest Fund, Inc. has a fifty-two week low of $6.73 and a fifty-two week high of $7.64. The stock’s fifty day moving average is $7.41 and its two-hundred day moving average is $7.35.

BlackRock MuniVest Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a $0.036 dividend. This represents a $0.43 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend is Monday, December 16th.

BlackRock MuniVest Fund 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.