In yesterday’s Wall Street session, BlackRock MuniVest Fund Inc. (NYSE:MVF) shares traded at $6.60, up 2.80% from the previous session.
MVF stock price is now -1.66% away from the 50-day moving average and -13.03% away from the 200-day moving average. The market capitalization of the company currently stands at $427.92M.
In other news, KALINOSKI MICHAEL, Portfolio Manager sold 5,660 shares of the company’s stock on Oct 10. The stock was sold for $37,752 at an average price of $6.67. Upon completion of the transaction, the Portfolio Manager now directly owns 2 shares in the company, valued at $13.2. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22, Portfolio Manager Perilli Michael sold 2 shares of the business’s stock. A total of $19 was realized by selling the stock at an average price of $9.57. Insiders disposed of 5,662 shares of company stock worth roughly $37369.2 over the past 1 year.
There have been several recent changes in the stakes of large investors in MVF stock. A new stake in BlackRock MuniVest Fund Inc. shares was purchased by PNC FINANCIAL SERVICES GROUP, INC. during the first quarter worth $720,000. HIGHTOWER 6M HOLDING, LLC invested $532,000 in shares of MVF during the first quarter. In the first quarter, AQR ARBITRAGE LLC acquired a new stake in BlackRock MuniVest Fund Inc. valued at approximately $291,000. LANDSCAPE CAPITAL MANAGEMENT, L.L.C. acquired a new stake in MVF for approximately $176,000. JANE STREET GROUP, LLC purchased a new stake in MVF valued at around $126,000 in the second quarter. In total, there are 104 active investors with 31.28% ownership of the company’s stock.
On Thursday morning BlackRock MuniVest Fund Inc. (NYSE: MVF) stock kicked off with the opening price of $6.49. During the past 12 months, BlackRock MuniVest Fund Inc. has had a low of $6.33 and a high of $9.63. The fifty day moving average price for MVF is $6.71 and a two-hundred day moving average price translates $7.59 for the stock.
The latest earnings results from BlackRock MuniVest Fund Inc. (NYSE: MVF) was released for Feb, 2022.
Moreover, the firm recently paid out its quarterly dividend on 11/01/2022. Investors who held shares on 10/14/2022 were paid a $0.0265 dividend. On an annualized basis, this represents a $0.32 dividend and a 4.82% percent yield. There was an ex-dividend date of 10/13/2022 for this dividend.
BlackRock MuniVest Fund Inc.(MVF) Company 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. The fund seeks to invest in securities with maturities of more than ten years. BlackRock MuniVest Fund, Inc. was formed on September 29, 1988 and is domiciled in the United States.