Welch & Forbes LLC decreased its holdings in shares of Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) by 28.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,150 shares of the company’s stock after selling 51,345 shares during the quarter. Welch & Forbes LLC owned approximately 0.33% of Blackrock Muni Intermediate Drtn Fnd worth $1,663,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Edmonds Duncan Registered Investment Advisors LLC lifted its holdings in Blackrock Muni Intermediate Drtn Fnd by 3.7% during the 2nd quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 105,870 shares of the company’s stock valued at $1,399,000 after purchasing an additional 3,794 shares during the last quarter. We Are One Seven LLC acquired a new position in Blackrock Muni Intermediate Drtn Fnd in the third quarter valued at about $134,000. E&G Advisors LP raised its stake in Blackrock Muni Intermediate Drtn Fnd by 38.7% in the third quarter. E&G Advisors LP now owns 43,000 shares of the company’s stock valued at $562,000 after purchasing an additional 12,000 shares in the last quarter. Bank of America Corp DE raised its stake in Blackrock Muni Intermediate Drtn Fnd by 5.0% in the second quarter. Bank of America Corp DE now owns 312,692 shares of the company’s stock valued at $4,131,000 after purchasing an additional 14,949 shares in the last quarter. Finally, Capital Investment Advisors LLC raised its stake in Blackrock Muni Intermediate Drtn Fnd by 8.3% in the third quarter. Capital Investment Advisors LLC now owns 196,440 shares of the company’s stock valued at $2,569,000 after purchasing an additional 14,988 shares in the last quarter.

MUI stock traded down $0.03 during midday trading on Friday, reaching $12.64. The company had a trading volume of 159,758 shares, compared to its average volume of 95,872. Blackrock Muni Intermediate Drtn Fnd Inc has a 1-year low of $12.30 and a 1-year high of $14.16.

The business also recently declared a monthly dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, November 15th will be paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date is Wednesday, November 14th.

COPYRIGHT VIOLATION WARNING: This news story was reported by Marea Informative and is the property of of Marea Informative. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.mareainformativa.com/2018/11/10/blackrock-muni-intermediate-drtn-fnd-inc-mui-stake-lessened-by-welch-forbes-llc-updated-updated-updated.html.

Blackrock Muni Intermediate Drtn Fnd Profile

There is no company description available for BlackRock Muni Intermediate Duration Income.

Read More: Retained Earnings

Institutional Ownership by Quarter for Blackrock Muni Intermediate Drtn Fnd (NYSE:MUI)

Receive News & Ratings for Blackrock Muni Intermediate Drtn Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Muni Intermediate Drtn Fnd and related companies with MarketBeat.com's FREE daily email newsletter.