Pathway Financial Advisers LLC Sells 56,863 Shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF)

Pathway Financial Advisers LLC reduced its position in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 87.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,793 shares of the company’s stock after selling 56,863 shares during the period. Pathway Financial Advisers LLC’s holdings in BlackRock MuniVest Fund were worth $55,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Indiana Trust & Investment Management Co lifted its stake in BlackRock MuniVest Fund by 1.4% in the 4th quarter. Indiana Trust & Investment Management Co now owns 149,520 shares of the company’s stock valued at $1,053,000 after acquiring an additional 2,020 shares in the last quarter. Leo Wealth LLC raised its holdings in shares of BlackRock MuniVest Fund by 1.7% in the fourth quarter. Leo Wealth LLC now owns 307,617 shares of the company’s stock valued at $2,166,000 after purchasing an additional 5,283 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of BlackRock MuniVest Fund by 21.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 28,471 shares of the company’s stock valued at $200,000 after purchasing an additional 5,095 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of BlackRock MuniVest Fund by 80.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 38,977 shares of the company’s stock worth $274,000 after purchasing an additional 17,383 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in BlackRock MuniVest Fund by 7.3% during the fourth quarter. Park Avenue Securities LLC now owns 140,206 shares of the company’s stock worth $987,000 after purchasing an additional 9,537 shares during the last quarter. 48.16% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund Stock Up 0.5 %

BlackRock MuniVest Fund stock opened at $7.24 on Friday. The company has a fifty day simple moving average of $7.20 and a 200 day simple moving average of $7.35. BlackRock MuniVest Fund, Inc. has a 1-year low of $6.74 and a 1-year high of $7.64.

BlackRock MuniVest Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.036 dividend. This represents a $0.43 annualized dividend and a dividend yield of 5.97%. The ex-dividend date is Friday, February 14th.

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.