BlackRock Municipal Income Fund, Inc. (NYSE:MUI) Stock Position Boosted by US Bancorp DE

US Bancorp DE grew its stake in shares of BlackRock Municipal Income Fund, Inc. (NYSE:MUI) by 140.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,400 shares of the company’s stock after buying an additional 7,244 shares during the quarter. US Bancorp DE’s holdings in BlackRock Municipal Income Fund were worth $156,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Pathway Financial Advisers LLC raised its position in BlackRock Municipal Income Fund by 2.6% in the second quarter. Pathway Financial Advisers LLC now owns 32,240 shares of the company’s stock worth $398,000 after acquiring an additional 808 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of BlackRock Municipal Income Fund by 7.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 14,817 shares of the company’s stock worth $179,000 after purchasing an additional 1,036 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in BlackRock Municipal Income Fund by 2.2% during the second quarter. Bank of New York Mellon Corp now owns 67,077 shares of the company’s stock valued at $828,000 after purchasing an additional 1,451 shares during the last quarter. Ironsides Asset Advisors LLC boosted its holdings in BlackRock Municipal Income Fund by 4.0% during the first quarter. Ironsides Asset Advisors LLC now owns 42,865 shares of the company’s stock worth $517,000 after buying an additional 1,633 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its holdings in BlackRock Municipal Income Fund by 4.4% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 38,789 shares of the company’s stock worth $479,000 after buying an additional 1,635 shares in the last quarter.

BlackRock Municipal Income Fund Stock Down 2.0 %

NYSE MUI opened at $12.19 on Friday. The business’s fifty day moving average is $12.49 and its two-hundred day moving average is $12.35. BlackRock Municipal Income Fund, Inc. has a 1 year low of $10.78 and a 1 year high of $12.83.

BlackRock Municipal Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Friday, November 15th.

About BlackRock Municipal Income Fund

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.