Advisors Asset Management Inc. raised its stake in BlackRock MuniVest Fund Inc. (NYSEAMERICAN:MVF) by 54.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 197,183 shares of the investment management company’s stock after acquiring an additional 69,528 shares during the quarter. Advisors Asset Management Inc. owned about 0.30% of BlackRock MuniVest Fund worth $1,727,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Waldron Private Wealth LLC bought a new position in BlackRock MuniVest Fund in the 2nd quarter valued at about $104,000. Millennium Management LLC bought a new position in BlackRock MuniVest Fund in the 1st quarter valued at about $155,000. Regentatlantic Capital LLC bought a new position in BlackRock MuniVest Fund in the 2nd quarter valued at about $332,000. Cito Capital Group LLC raised its holdings in BlackRock MuniVest Fund by 22.3% in the 2nd quarter. Cito Capital Group LLC now owns 38,400 shares of the investment management company’s stock valued at $338,000 after acquiring an additional 7,000 shares during the period. Finally, Wolverine Asset Management LLC raised its holdings in BlackRock MuniVest Fund by 176.9% in the 2nd quarter. Wolverine Asset Management LLC now owns 86,137 shares of the investment management company’s stock valued at $754,000 after acquiring an additional 55,032 shares during the period.
Shares of MVF opened at $8.28 on Tuesday. BlackRock MuniVest Fund Inc. has a 12 month low of $8.25 and a 12 month high of $9.86.
BlackRock MuniVest Fund Profile
BlackRock MuniVest Fund, Inc is a non-diversified, closed-end management investment company. The Trust’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 prudent investment management.
Featured Article: Short Selling – Explanation For Shorting Stocks
Receive News & Ratings for BlackRock MuniVest Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniVest Fund and related companies with MarketBeat.com's FREE daily email newsletter.