Integrated Capital Management Inc. Acquires 3,608 Shares of BlackRock MuniVest Fund, Inc. $MVF

Integrated Capital Management Inc. boosted its holdings in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 12.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,569 shares of the company’s stock after purchasing an additional 3,608 shares during the quarter. Integrated Capital Management Inc. owned about 0.05% of BlackRock MuniVest Fund worth $214,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in BlackRock MuniVest Fund during the 2nd quarter valued at approximately $33,000. Nuveen LLC purchased a new stake in shares of BlackRock MuniVest Fund during the 1st quarter worth approximately $85,000. Ackerman Capital Advisors LLC purchased a new stake in shares of BlackRock MuniVest Fund during the 1st quarter worth approximately $107,000. Oppenheimer & Co. Inc. purchased a new stake in shares of BlackRock MuniVest Fund during the 1st quarter worth approximately $109,000. Finally, Realta Investment Advisors purchased a new stake in shares of BlackRock MuniVest Fund during the 2nd quarter worth approximately $138,000. Institutional investors own 48.16% of the company’s stock.

BlackRock MuniVest Fund Stock Down 0.3%

Shares of MVF opened at $7.03 on Monday. BlackRock MuniVest Fund, Inc. has a 1 year low of $6.43 and a 1 year high of $7.61. The business’s 50 day simple moving average is $6.77 and its 200-day simple moving average is $6.72.

BlackRock MuniVest Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be issued a dividend of $0.036 per share. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, October 15th.

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.