Rockefeller Capital Management L.P. Sells 14,388 Shares of BlackRock Municipal Income Fund, Inc. (NYSE:MUI)

Rockefeller Capital Management L.P. lessened its position in shares of BlackRock Municipal Income Fund, Inc. (NYSE:MUI) by 13.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 92,515 shares of the company’s stock after selling 14,388 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in BlackRock Municipal Income Fund were worth $1,164,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of MUI. PNC Financial Services Group Inc. grew its holdings in BlackRock Municipal Income Fund by 21.8% during the third quarter. PNC Financial Services Group Inc. now owns 470,285 shares of the company’s stock worth $5,916,000 after buying an additional 84,149 shares in the last quarter. Van ECK Associates Corp raised its position in BlackRock Municipal Income Fund by 2.0% in the third quarter. Van ECK Associates Corp now owns 421,867 shares of the company’s stock worth $5,244,000 after acquiring an additional 8,266 shares during the period. Pathway Financial Advisers LLC lifted its stake in BlackRock Municipal Income Fund by 1,150.0% in the third quarter. Pathway Financial Advisers LLC now owns 402,989 shares of the company’s stock valued at $5,070,000 after purchasing an additional 370,749 shares during the last quarter. Dakota Wealth Management increased its holdings in BlackRock Municipal Income Fund by 7.6% in the 3rd quarter. Dakota Wealth Management now owns 350,466 shares of the company’s stock worth $4,409,000 after acquiring an additional 24,765 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of BlackRock Municipal Income Fund by 3.1% in the second quarter. Commonwealth Equity Services LLC now owns 91,661 shares of the company’s stock worth $1,131,000 after purchasing an additional 2,757 shares in the last quarter.

BlackRock Municipal Income Fund Stock Performance

NYSE:MUI opened at $12.75 on Monday. BlackRock Municipal Income Fund, Inc. has a 1 year low of $11.35 and a 1 year high of $12.83. The stock’s fifty day moving average price is $12.53 and its two-hundred day moving average price is $12.41.

BlackRock Municipal Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were issued a $0.055 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.66 annualized dividend and a dividend yield of 5.18%.

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.