Catalina Capital Group LLC purchased a new stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 28,578 shares of the financial services provider's stock, valued at approximately $301,000. Catalina Capital Group LLC owned about 0.13% of BlackRock MuniVest Fund II at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Avior Wealth Management LLC boosted its stake in shares of BlackRock MuniVest Fund II by 15.9% during the 4th quarter. Avior Wealth Management LLC now owns 12,959 shares of the financial services provider's stock worth $137,000 after acquiring an additional 1,775 shares in the last quarter. Rivernorth Capital Management LLC lifted its holdings in shares of BlackRock MuniVest Fund II by 1.7% during the third quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider's stock valued at $25,213,000 after purchasing an additional 37,419 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of BlackRock MuniVest Fund II by 8.4% in the 3rd quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider's stock valued at $307,000 after purchasing an additional 2,123 shares during the period. Benjamin Edwards Inc. purchased a new position in BlackRock MuniVest Fund II in the 3rd quarter worth about $153,000. Finally, Rockefeller Capital Management L.P. raised its holdings in 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 worth $447,000 after buying an additional 1,182 shares during the period. Institutional investors own 34.19% of the company's stock.
BlackRock MuniVest Fund II Price Performance
MVT stock traded down $0.04 during mid-day trading on Friday, reaching $10.91. 12,822 shares of the stock traded hands, compared to its average volume of 50,817. The stock's fifty day moving average is $10.76 and its 200-day moving average is $11.04. BlackRock MuniVest Fund II, Inc. has a 52-week low of $10.33 and a 52-week high of $11.97.
BlackRock MuniVest Fund II Dividend Announcement
The company 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 $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Friday, February 14th.
About BlackRock MuniVest Fund II
(
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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