Institutional Investors Are Betting On Blackrock Municipal Income Investment Quality Trust (NYSE:BAF)

June 19, 2017 - By Adrian Erickson

 Institutional Investors Are Betting On Blackrock Municipal Income Investment Quality Trust (NYSE:BAF)

Sentiment for Blackrock Municipal Income Investment Quality Trust (NYSE:BAF)

Blackrock Municipal Income Investment Quality Trust (NYSE:BAF) institutional sentiment increased to 1.4 in Q4 2016. Its up 0.11, from 1.29 in 2016Q3. The ratio has improved, as 14 hedge funds increased or started new holdings, while 10 decreased and sold equity positions in Blackrock Municipal Income Investment Quality Trust. The hedge funds in our partner’s database now hold: 956,731 shares, up from 924,773 shares in 2016Q3. Also, the number of hedge funds holding Blackrock Municipal Income Investment Quality Trust in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 5 Increased: 6 New Position: 8.

BlackRock Municipal Income Investment Quality Trust is a non-diversified, closed-end management investment company. The company has market cap of $133.35 million. The Trust’s investment objective is to provide current income exempt from federal income tax, including the alternative minimum tax and Florida intangible property tax. It currently has negative earnings. It seeks to achieve its investment objective by investing at least 80% of its managed assets in municipal bonds exempt from federal income taxes, including the alternative minimum tax.

It closed at $15.09 lastly. It is down 4.90% since June 19, 2016 and is downtrending. It has underperformed by 21.60% the S&P500.

Camelot Portfolios Llc holds 1.06% of its portfolio in BlackRock Insured Municipal Income Inves for 141,794 shares. Advisors Asset Management Inc. owns 193,358 shares or 0.05% of their US portfolio. Moreover, Landscape Capital Management L.L.C. has 0.05% invested in the company for 24,943 shares. The Ohio-based Fort Washington Investment Advisors Inc Oh has invested 0.01% in the stock. Ledyard National Bank, a New Hampshire-based fund reported 2,479 shares.#img1#

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