BlackRock Insured Municipal Income Inves (NYSE:BAF) Stock Price Up 1.9%

BlackRock Insured Municipal Income Inves (NYSE:BAF)’s share price was up 1.9% during trading on Wednesday . The company traded as high as $15.43 and last traded at $15.36, approximately 5,000 shares changed hands during trading. A decline of 67% from the average daily volume of 14,942 shares. The stock had previously closed at $15.07.

The stock has a 50-day simple moving average of $14.64 and a 200 day simple moving average of $14.39.

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 14th will be given a $0.052 dividend. The ex-dividend date is Thursday, February 13th. This represents a $0.62 dividend on an annualized basis and a yield of 4.06%.

Large investors have recently bought and sold shares of the business. Ladenburg Thalmann Financial Services Inc. raised its position in BlackRock Insured Municipal Income Inves by 1,127.9% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,482 shares of the company’s stock valued at $64,000 after purchasing an additional 4,117 shares during the period. Royal Bank of Canada grew its stake in shares of BlackRock Insured Municipal Income Inves by 63.2% in the second quarter. Royal Bank of Canada now owns 10,325 shares of the company’s stock valued at $147,000 after buying an additional 4,000 shares in the last quarter. Bank of America Corp DE grew its stake in shares of BlackRock Insured Municipal Income Inves by 32.2% in the fourth quarter. Bank of America Corp DE now owns 22,788 shares of the company’s stock valued at $323,000 after buying an additional 5,548 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of BlackRock Insured Municipal Income Inves by 8.7% in the third quarter. Envestnet Asset Management Inc. now owns 23,345 shares of the company’s stock valued at $335,000 after buying an additional 1,863 shares in the last quarter. Finally, Camelot Portfolios LLC grew its stake in shares of BlackRock Insured Municipal Income Inves by 7.9% in the fourth quarter. Camelot Portfolios LLC now owns 31,671 shares of the company’s stock valued at $450,000 after buying an additional 2,307 shares in the last quarter.

About BlackRock Insured Municipal Income Inves (NYSE:BAF)

BlackRock Municipal Income Investment Quality Trust 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 of United States. It primarily invests in municipal bonds exempt from federal income taxes, including the alternative minimum tax and also in municipal bonds that are investment grade quality at the time of investment.

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