Horizon Kinetics Asset Management LLC Purchases New Position in BlackRock MuniVest Fund, Inc. $MVF

Horizon Kinetics Asset Management LLC purchased a new stake in shares of BlackRock MuniVest Fund, Inc. (NYSE:MVF) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 93,068 shares of the company’s stock, valued at approximately $612,000.

A number of other large investors have also recently made changes to their positions in MVF. Ameritas Advisory Services LLC purchased a new position in shares of BlackRock MuniVest Fund during the second quarter valued at approximately $33,000. Nuveen LLC bought a new stake in BlackRock MuniVest Fund in the first quarter valued at $85,000. Ackerman Capital Advisors LLC purchased a new position in BlackRock MuniVest Fund during the 1st quarter valued at $107,000. Stratos Wealth Partners LTD. bought a new position in BlackRock MuniVest Fund in the 2nd quarter worth $120,000. Finally, Realta Investment Advisors bought a new position in BlackRock MuniVest Fund in the second quarter worth about $138,000. 48.16% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund Stock Down 0.3%

BlackRock MuniVest Fund stock opened at $6.88 on Tuesday. BlackRock MuniVest Fund, Inc. has a fifty-two week low of $6.43 and a fifty-two week high of $7.57. The stock’s 50 day simple moving average is $6.97 and its two-hundred day simple moving average is $6.76.

BlackRock MuniVest Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be given a dividend of $0.036 per share. The ex-dividend date is Friday, November 14th. This represents a c) annualized dividend and a dividend yield of 6.3%.

About BlackRock MuniVest Fund

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.