BlackRock MuniVest Fund, Inc. (NYSE:MVF) is Gridiron Partners LLC’s 9th Largest Position

Gridiron Partners LLC lowered its position in BlackRock MuniVest Fund, Inc. (NYSE:MVF) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 379,981 shares of the company’s stock after selling 11,183 shares during the period. BlackRock MuniVest Fund makes up about 1.7% of Gridiron Partners LLC’s portfolio, making the stock its 9th largest position. Gridiron Partners LLC owned approximately 0.59% of BlackRock MuniVest Fund worth $2,675,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new stake in BlackRock MuniVest Fund in the third quarter worth about $26,000. Larson Financial Group LLC boosted its stake in BlackRock MuniVest Fund by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 5,000 shares of the company’s stock worth $38,000 after purchasing an additional 3,500 shares in the last quarter. US Bancorp DE purchased a new stake in BlackRock MuniVest Fund during the 3rd quarter worth approximately $64,000. Benjamin Edwards Inc. acquired a new position in BlackRock MuniVest Fund during the 3rd quarter valued at approximately $160,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in shares of BlackRock MuniVest Fund in the third quarter worth $164,000. Hedge funds and other institutional investors own 48.16% of the company’s stock.

BlackRock MuniVest Fund Price Performance

Shares of MVF opened at $7.18 on Friday. The company’s fifty day moving average price is $7.25 and its 200-day moving average price is $7.36. BlackRock MuniVest Fund, Inc. has a 1-year low of $6.73 and a 1-year high of $7.64.

BlackRock MuniVest Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.036 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.43 annualized dividend and a yield of 6.02%.

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.