Ameriprise Financial Inc. Sells 249 Shares of BlackRock MuniEnhanced Fund, Inc. (MEN)

Ameriprise Financial Inc. decreased its position in BlackRock MuniEnhanced Fund, Inc. (NYSE:MEN) by 1.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,271 shares of the closed-end fund’s stock after selling 249 shares during the quarter. Ameriprise Financial Inc.’s holdings in BlackRock MuniEnhanced Fund were worth $182,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MEN. JFS Wealth Advisors LLC lifted its holdings in BlackRock MuniEnhanced Fund by 0.9% in the second quarter. JFS Wealth Advisors LLC now owns 159,151 shares of the closed-end fund’s stock valued at $1,897,000 after acquiring an additional 1,379 shares during the period. Advisors Asset Management Inc. lifted its holdings in BlackRock MuniEnhanced Fund by 18.3% in the second quarter. Advisors Asset Management Inc. now owns 162,883 shares of the closed-end fund’s stock valued at $1,942,000 after acquiring an additional 25,186 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in BlackRock MuniEnhanced Fund by 71.2% in the second quarter. Wells Fargo & Company MN now owns 51,030 shares of the closed-end fund’s stock valued at $609,000 after acquiring an additional 21,224 shares during the period.

BlackRock MuniEnhanced Fund, Inc. (NYSE:MEN) opened at $12.21 on Friday. BlackRock MuniEnhanced Fund, Inc. has a 1-year low of $10.92 and a 1-year high of $12.46.

The company also recently announced a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a $0.0565 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 5.55%. The ex-dividend date is Tuesday, November 14th.

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BlackRock MuniEnhanced Fund Company Profile

BlackRock MuniEnhanced Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and investment management.

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Institutional Ownership by Quarter for BlackRock MuniEnhanced Fund (NYSE:MEN)

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