Sanctuary Advisors LLC acquired a new stake in shares of BlackRock Municipal Income Fund, Inc. (NYSE:MUI – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 23,980 shares of the company’s stock, valued at approximately $275,000.
A number of other institutional investors and hedge funds have also bought and sold shares of MUI. Karpus Management Inc. boosted its holdings in shares of BlackRock Municipal Income Fund by 7.9% during the 1st quarter. Karpus Management Inc. now owns 13,377,640 shares of the company’s stock valued at $161,334,000 after acquiring an additional 973,763 shares during the last quarter. City of London Investment Management Co. Ltd. raised its position in shares of BlackRock Municipal Income Fund by 86.4% during the first quarter. City of London Investment Management Co. Ltd. now owns 353,191 shares of the company’s stock valued at $4,259,000 after buying an additional 163,719 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of BlackRock Municipal Income Fund by 31.1% during the first quarter. Advisors Asset Management Inc. now owns 284,167 shares of the company’s stock valued at $3,427,000 after buying an additional 67,478 shares during the last quarter. Alpine Global Management LLC bought a new stake in shares of BlackRock Municipal Income Fund during the first quarter valued at approximately $784,000. Finally, Rothschild Investment LLC bought a new stake in shares of BlackRock Municipal Income Fund during the second quarter valued at approximately $745,000.
BlackRock Municipal Income Fund Stock Performance
Shares of MUI opened at $12.58 on Friday. The company’s fifty day moving average is $12.51 and its 200 day moving average is $12.25. BlackRock Municipal Income Fund, Inc. has a fifty-two week low of $9.73 and a fifty-two week high of $12.83.
BlackRock Municipal Income Fund Dividend Announcement
BlackRock Municipal Income Fund 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.
Further Reading
- Five stocks we like better than BlackRock Municipal Income Fund
- Financial Services Stocks Investing
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- How to Invest in the FAANG Stocks
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- Roth IRA Calculator: Calculate Your Potential Returns
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for BlackRock Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.