Advisors Asset Management Inc. Has $1.81 Million Position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Advisors Asset Management Inc. boosted its position in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) by 65.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 159,206 shares of the financial services provider's stock after acquiring an additional 62,895 shares during the period. Advisors Asset Management Inc. owned approximately 0.75% of BlackRock MuniVest Fund II worth $1,813,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC bought a new stake in shares of BlackRock MuniVest Fund II during the second quarter valued at approximately $27,000. EverSource Wealth Advisors LLC raised its stake in shares of BlackRock MuniVest Fund II by 204.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,333 shares of the financial services provider's stock valued at $70,000 after buying an additional 4,250 shares in the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of BlackRock MuniVest Fund II by 268.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 6,637 shares of the financial services provider's stock worth $73,000 after acquiring an additional 4,837 shares during the period. Avior Wealth Management LLC boosted its position in shares of BlackRock MuniVest Fund II by 17.8% during the 3rd quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider's stock valued at $127,000 after acquiring an additional 1,689 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in BlackRock MuniVest Fund II in the first quarter valued at about $123,000. Institutional investors and hedge funds own 34.19% of the company's stock.

BlackRock MuniVest Fund II Price Performance

MVT stock traded up $0.08 during trading on Monday, hitting $11.02. The company had a trading volume of 61,153 shares, compared to its average volume of 46,713. The company has a fifty day moving average price of $11.19 and a two-hundred day moving average price of $11.06. BlackRock MuniVest Fund II, Inc. has a fifty-two week low of $10.14 and a fifty-two week high of $11.97.

BlackRock MuniVest Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock MuniVest Fund II Profile

BlackRock MuniVest Fund II, 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 invests primarily in long-term municipal bonds exempt from federal income taxes. BlackRock MuniVest Fund II, Inc was formed on March 29, 1993 and is domiciled in United States.