Avior Wealth Management LLC Decreases Stock Holdings in BlackRock Municipal Income Fund, Inc. (NYSE:MUI)

Avior Wealth Management LLC decreased its holdings in shares of BlackRock Municipal Income Fund, Inc. (NYSE:MUI) by 81.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,410 shares of the company’s stock after selling 40,274 shares during the quarter. Avior Wealth Management LLC’s holdings in BlackRock Municipal Income Fund were worth $114,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MUI. Larson Financial Group LLC increased its position in BlackRock Municipal Income Fund by 240.0% during the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock valued at $26,000 after acquiring an additional 1,440 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of BlackRock Municipal Income Fund in the third quarter worth about $28,000. Eagle Bay Advisors LLC bought a new position in shares of BlackRock Municipal Income Fund in the fourth quarter worth about $85,000. Wiser Wealth Management Inc bought a new position in shares of BlackRock Municipal Income Fund in the third quarter worth about $140,000. Finally, US Bancorp DE grew its holdings in shares of BlackRock Municipal Income Fund by 140.5% in the third quarter. US Bancorp DE now owns 12,400 shares of the company’s stock worth $156,000 after purchasing an additional 7,244 shares during the last quarter.

BlackRock Municipal Income Fund Stock Performance

NYSE MUI opened at $12.15 on Wednesday. The company’s 50-day moving average price is $12.37 and its 200-day moving average price is $12.42. BlackRock Municipal Income Fund, Inc. has a 12 month low of $11.45 and a 12 month high of $12.83.

BlackRock Municipal Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.