Allspring Global Investments Holdings LLC Has $3.70 Million Stock Holdings in BlackRock MuniVest Fund, Inc. $MVF

Allspring Global Investments Holdings LLC lessened its stake in BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 7.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 562,242 shares of the company’s stock after selling 42,386 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniVest Fund were worth $3,700,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of BlackRock MuniVest Fund during the 2nd quarter worth $33,000. Nuveen LLC acquired a new position in shares of BlackRock MuniVest Fund during the 1st quarter worth $85,000. Ackerman Capital Advisors LLC acquired a new position in shares of BlackRock MuniVest Fund during the 1st quarter worth $107,000. Oppenheimer & Co. Inc. acquired a new position in shares of BlackRock MuniVest Fund during the 1st quarter worth $109,000. Finally, Realta Investment Advisors acquired a new position in shares of BlackRock MuniVest Fund during the 2nd quarter worth $138,000. Institutional investors and hedge funds own 48.16% of the company’s stock.

BlackRock MuniVest Fund Stock Performance

Shares of MVF opened at $7.06 on Tuesday. The company’s fifty day moving average is $6.82 and its 200-day moving average is $6.72. BlackRock MuniVest Fund, Inc. has a 12 month low of $6.43 and a 12 month high of $7.61.

BlackRock MuniVest Fund Dividend Announcement

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

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.