Rothschild Investment LLC acquired a new position in BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Free Report) in the 2nd quarter, Holdings Channel reports. The firm acquired 60,350 shares of the company’s stock, valued at approximately $745,000.
Other hedge funds have also made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new stake in BlackRock Municipal Income Fund during the 2nd quarter worth $82,000. Blue Bell Private Wealth Management LLC boosted its position in shares of BlackRock Municipal Income Fund by 736.3% in the first quarter. Blue Bell Private Wealth Management LLC now owns 8,363 shares of the company’s stock worth $101,000 after buying an additional 7,363 shares during the period. WealthShield Partners LLC acquired a new stake in shares of BlackRock Municipal Income Fund in the second quarter valued at about $144,000. Cetera Advisors LLC acquired a new stake in shares of BlackRock Municipal Income Fund in the first quarter valued at about $145,000. Finally, Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Municipal Income Fund by 7.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 14,817 shares of the company’s stock valued at $179,000 after buying an additional 1,036 shares during the period.
BlackRock Municipal Income Fund Price Performance
BlackRock Municipal Income Fund stock opened at $12.42 on Friday. BlackRock Municipal Income Fund, Inc. has a one year low of $9.73 and a one year high of $12.58. The stock’s 50 day moving average price is $12.37 and its 200 day moving average price is $12.09.
BlackRock Municipal Income Fund Dividend Announcement
BlackRock Municipal Income Fund Company Profile
BlackRock Muni Intermediate Duration 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 fixed income markets. It primarily invests in investment grade municipal bonds exempt from federal income taxes and with a duration of three to ten years at the time of investment.
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Want to see what other hedge funds are holding MUI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Free Report).
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