Shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Get Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $11.28 and traded as low as $10.97. BlackRock MuniVest Fund II shares last traded at $11.06, with a volume of 74,087 shares changing hands.
BlackRock MuniVest Fund II Stock Up 0.5 %
The stock has a fifty day moving average price of $11.28 and a 200-day moving average price of $11.01.
BlackRock MuniVest Fund II Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be paid a dividend of $0.054 per share. The ex-dividend date is Friday, November 15th. This represents a $0.65 annualized dividend and a yield of 5.84%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC increased its position in shares of BlackRock MuniVest Fund II by 1.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 78,100 shares of the financial services provider's stock worth $863,000 after purchasing an additional 1,000 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of BlackRock MuniVest Fund II by 2.2% during the second quarter. Bank of New York Mellon Corp now owns 59,106 shares of the financial services provider's stock worth $653,000 after buying an additional 1,279 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in shares of BlackRock MuniVest Fund II by 17.8% in the 3rd quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider's stock worth $127,000 after acquiring an additional 1,689 shares in the last quarter. Blue Bell Private Wealth Management LLC acquired a new position in shares of BlackRock MuniVest Fund II in the 2nd quarter worth approximately $27,000. Finally, EverSource Wealth Advisors LLC grew its position in BlackRock MuniVest Fund II by 204.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,333 shares of the financial services provider's stock worth $70,000 after acquiring an additional 4,250 shares during the last quarter. 34.19% of the stock is owned by institutional investors.
About BlackRock MuniVest Fund II
(
Get Free Report)
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.
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