Usca Ria LLC boosted its stake in Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) by 31.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,875 shares of the closed-end fund’s stock after buying an additional 5,500 shares during the period. Usca Ria LLC owned approximately 0.08% of Blackrock MuniEnhanced Fund worth $230,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sit Investment Associates Inc. purchased a new position in Blackrock MuniEnhanced Fund during the 2nd quarter valued at about $905,000. Creative Planning lifted its position in Blackrock MuniEnhanced Fund by 22.8% during the 2nd quarter. Creative Planning now owns 32,457 shares of the closed-end fund’s stock valued at $342,000 after acquiring an additional 6,034 shares during the period. Fiera Capital Corp lifted its position in Blackrock MuniEnhanced Fund by 46.1% during the 2nd quarter. Fiera Capital Corp now owns 184,631 shares of the closed-end fund’s stock valued at $1,944,000 after acquiring an additional 58,250 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Blackrock MuniEnhanced Fund by 57.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 41,150 shares of the closed-end fund’s stock valued at $433,000 after acquiring an additional 15,000 shares during the period. Finally, Van ECK Associates Corp lifted its position in Blackrock MuniEnhanced Fund by 16.4% during the 2nd quarter. Van ECK Associates Corp now owns 92,488 shares of the closed-end fund’s stock valued at $974,000 after acquiring an additional 13,004 shares during the period.
Shares of NYSE MEN opened at $9.82 on Friday. Blackrock MuniEnhanced Fund Inc. has a 1 year low of $9.63 and a 1 year high of $12.26.
The firm also recently declared a monthly dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, November 15th will be given a dividend of $0.048 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $0.58 dividend on an annualized basis and a yield of 5.87%.
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Blackrock MuniEnhanced Fund Company Profile
There is no company description available for BlackRock MuniEnhanced Fund, Inc.
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