Pathstone Holdings LLC Has $13.84 Million Position in BlackRock MuniVest Fund, Inc. (NYSE:MVF)

Pathstone Holdings LLC lessened its holdings in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 3.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,821,511 shares of the company’s stock after selling 63,006 shares during the period. Pathstone Holdings LLC owned 2.83% of BlackRock MuniVest Fund worth $13,844,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in MVF. B. Riley Wealth Advisors Inc. grew its stake in shares of BlackRock MuniVest Fund by 105.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 22,910 shares of the company’s stock worth $162,000 after purchasing an additional 11,755 shares during the period. Cetera Advisors LLC acquired a new position in shares of BlackRock MuniVest Fund during the 1st quarter worth about $101,000. Pathway Financial Advisers LLC bought a new stake in shares of BlackRock MuniVest Fund in the 1st quarter valued at about $59,000. Integrated Capital Management Inc. increased its stake in shares of BlackRock MuniVest Fund by 16.4% in the 2nd quarter. Integrated Capital Management Inc. now owns 27,599 shares of the company’s stock valued at $198,000 after acquiring an additional 3,882 shares during the last quarter. Finally, Seed Wealth Management Inc. raised its position in shares of BlackRock MuniVest Fund by 19.2% in the 2nd quarter. Seed Wealth Management Inc. now owns 24,800 shares of the company’s stock valued at $178,000 after acquiring an additional 4,000 shares during the period. Institutional investors own 48.16% of the company’s stock.

BlackRock MuniVest Fund Stock Performance

Shares of NYSE MVF opened at $7.30 on Wednesday. BlackRock MuniVest Fund, Inc. has a 52-week low of $6.63 and a 52-week high of $7.64. The firm has a 50 day moving average price of $7.45 and a 200 day moving average price of $7.32.

BlackRock MuniVest Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.036 dividend. This represents a $0.43 annualized dividend and a dividend yield of 5.92%. The ex-dividend date of this dividend is Friday, November 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.