Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) Position Raised by Thomas J. Herzfeld Advisors Inc.

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Thomas J. Herzfeld Advisors Inc. increased its holdings in Blackrock Muni Intermediate Drtn Fnd Inc (NYSE:MUI) by 87.2% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,258 shares of the company’s stock after buying an additional 25,267 shares during the period. Thomas J. Herzfeld Advisors Inc.’s holdings in Blackrock Muni Intermediate Drtn Fnd were worth $747,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MUI. Farmers & Merchants Investments Inc. bought a new stake in shares of Blackrock Muni Intermediate Drtn Fnd during the first quarter valued at approximately $46,000. PNC Financial Services Group Inc. increased its position in shares of Blackrock Muni Intermediate Drtn Fnd by 27.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,009 shares of the company’s stock valued at $89,000 after acquiring an additional 1,509 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of Blackrock Muni Intermediate Drtn Fnd during the fourth quarter valued at approximately $142,000. We Are One Seven LLC increased its position in shares of Blackrock Muni Intermediate Drtn Fnd by 25.2% during the first quarter. We Are One Seven LLC now owns 10,449 shares of the company’s stock valued at $143,000 after acquiring an additional 2,101 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. bought a new stake in shares of Blackrock Muni Intermediate Drtn Fnd during the first quarter valued at approximately $149,000.

Shares of MUI remained flat at $$14.05 on Friday. 3,328 shares of the company traded hands, compared to its average volume of 97,750. Blackrock Muni Intermediate Drtn Fnd Inc has a 12 month low of $12.30 and a 12 month high of $14.19.

The company also recently declared a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a dividend of $0.045 per share. This represents a $0.54 annualized dividend and a dividend yield of 3.84%. The ex-dividend date of this dividend is Thursday, June 13th.

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About Blackrock Muni Intermediate Drtn Fnd

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.

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

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