Choreo LLC Cuts Stock Position in BlackRock Municipal Income Fund, Inc. (NYSE:MUI)

Choreo LLC decreased its holdings in shares of BlackRock Municipal Income Fund, Inc. (NYSE:MUI) by 32.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,611 shares of the company’s stock after selling 10,521 shares during the quarter. Choreo LLC’s holdings in BlackRock Municipal Income Fund were worth $262,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in MUI. Larson Financial Group LLC lifted its holdings in BlackRock Municipal Income Fund by 240.0% in the 3rd quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock worth $26,000 after buying an additional 1,440 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of BlackRock Municipal Income Fund during the third quarter worth about $28,000. HighTower Advisors LLC lifted its stake in shares of BlackRock Municipal Income Fund by 2.0% in the third quarter. HighTower Advisors LLC now owns 311,441 shares of the company’s stock worth $3,913,000 after acquiring an additional 5,965 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in BlackRock Municipal Income Fund in the fourth quarter valued at about $85,000. Finally, US Bancorp DE grew its stake in BlackRock Municipal Income Fund by 140.5% during the 3rd quarter. US Bancorp DE now owns 12,400 shares of the company’s stock valued at $156,000 after purchasing an additional 7,244 shares in the last quarter.

BlackRock Municipal Income Fund Stock Up 2.5 %

Shares of MUI opened at $12.08 on Friday. BlackRock Municipal Income Fund, Inc. has a 52-week low of $11.46 and a 52-week high of $12.83. The business’s 50 day moving average is $12.22 and its two-hundred day moving average is $12.40.

BlackRock Municipal Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.055 per share. The ex-dividend date is Friday, February 14th. This represents a $0.66 dividend on an annualized basis and a yield of 5.47%.

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.