Van ECK Associates Corp Has $2.59 Million Stock Position in BlackRock Municipal Income Fund, Inc. (NYSE:MUI)

Van ECK Associates Corp trimmed its position in BlackRock Municipal Income Fund, Inc. (NYSE:MUI) by 49.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 213,916 shares of the company’s stock after selling 207,951 shares during the quarter. Van ECK Associates Corp’s holdings in BlackRock Municipal Income Fund were worth $2,593,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Larson Financial Group LLC lifted its stake in shares of BlackRock Municipal Income Fund by 240.0% in the third 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 during the last quarter. Farther Finance Advisors LLC acquired a new position in BlackRock Municipal Income Fund during the 3rd quarter valued at $28,000. Eagle Bay Advisors LLC acquired a new position in BlackRock Municipal Income Fund during the 4th quarter valued at $85,000. US Bancorp DE raised 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 during the last quarter. Finally, XTX Topco Ltd acquired a new position in BlackRock Municipal Income Fund during the 3rd quarter valued at $217,000.

BlackRock Municipal Income Fund Trading Up 2.6 %

NYSE:MUI opened at $12.08 on Friday. BlackRock Municipal Income Fund, Inc. has a one year low of $11.46 and a one year high of $12.83. The company has a fifty day moving average price of $12.17 and a 200 day moving average price of $12.39.

BlackRock Municipal Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 14th will be paid a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend is Friday, February 14th.

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.