Partnervest Advisory Services LLC acquired a new position in shares of Blackrock MuniEnhanced Fund Inc. (NYSE:MEN) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 13,052 shares of the closed-end fund’s stock, valued at approximately $145,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Advisory Services Network LLC acquired a new position in Blackrock MuniEnhanced Fund during the 2nd quarter worth $59,000. Hudson Valley Investment Advisors Inc. ADV acquired a new position in Blackrock MuniEnhanced Fund during the 2nd quarter worth $127,000. Mid Atlantic Financial Management Inc. ADV boosted its position in Blackrock MuniEnhanced Fund by 12.4% during the 2nd quarter. Mid Atlantic Financial Management Inc. ADV now owns 15,400 shares of the closed-end fund’s stock worth $171,000 after acquiring an additional 1,700 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Blackrock MuniEnhanced Fund by 902.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 18,237 shares of the closed-end fund’s stock worth $195,000 after acquiring an additional 16,417 shares during the period. Finally, City of London Investment Management Co. Ltd. acquired a new position in Blackrock MuniEnhanced Fund during the 1st quarter worth $266,000.
Shares of Blackrock MuniEnhanced Fund stock traded down $0.01 during trading on Tuesday, hitting $11.44. The stock had a trading volume of 700 shares, compared to its average volume of 65,434. The business has a fifty day moving average of $11.30 and a two-hundred day moving average of $10.90. Blackrock MuniEnhanced Fund Inc. has a fifty-two week low of $9.63 and a fifty-two week high of $11.55.
Blackrock MuniEnhanced Fund Company Profile
BlackRock MuniEnhanced 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 the fixed income markets of the United States. It primarily invests in investment grade, long-term municipal bonds that are exempt from federal income taxes.
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