Callahan Advisors LLC Invests $931,000 in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Callahan Advisors LLC bought a new stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 88,236 shares of the financial services provider's stock, valued at approximately $931,000. Callahan Advisors LLC owned 0.42% of BlackRock MuniVest Fund II at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Pathstone Holdings LLC raised its stake in shares of BlackRock MuniVest Fund II by 20.8% during the 3rd quarter. Pathstone Holdings LLC now owns 520,807 shares of the financial services provider's stock valued at $5,932,000 after purchasing an additional 89,537 shares during the period. Avior Wealth Management LLC raised its stake 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 purchasing an additional 1,689 shares during the period. Advisors Asset Management Inc. raised its stake in shares of BlackRock MuniVest Fund II by 65.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 159,206 shares of the financial services provider's stock valued at $1,813,000 after purchasing an additional 62,895 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of BlackRock MuniVest Fund II by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,207 shares of the financial services provider's stock valued at $447,000 after purchasing an additional 1,182 shares during the period. Finally, Benjamin Edwards Inc. bought a new stake in shares of BlackRock MuniVest Fund II during the 3rd quarter valued at $153,000. 34.19% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund II Stock Performance

Shares of NYSE:MVT traded down $0.01 during midday trading on Friday, reaching $10.89. 24,013 shares of the company traded hands, compared to its average volume of 45,715. BlackRock MuniVest Fund II, Inc. has a 12 month low of $10.33 and a 12 month high of $11.97. The firm's fifty day moving average price is $10.70 and its two-hundred day moving average price is $11.03.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.054 per share. The ex-dividend date is Friday, February 14th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.95%.

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.