Hollencrest Capital Management acquired a new stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,958 shares of the financial services provider's stock, valued at approximately $263,000. Hollencrest Capital Management owned about 0.12% of BlackRock MuniVest Fund II at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC raised its position in shares of BlackRock MuniVest Fund II by 573.8% in the fourth quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider's stock valued at $117,000 after buying an additional 9,421 shares during the last quarter. Avior Wealth Management LLC raised its position in shares of BlackRock MuniVest Fund II by 17.8% in the third quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider's stock valued at $127,000 after buying an additional 1,689 shares during the last quarter. Benjamin Edwards Inc. acquired a new position in shares of BlackRock MuniVest Fund II in the third quarter valued at approximately $153,000. Freestone Capital Holdings LLC raised its position in shares of BlackRock MuniVest Fund II by 13.0% in the fourth quarter. Freestone Capital Holdings LLC now owns 22,600 shares of the financial services provider's stock valued at $238,000 after buying an additional 2,600 shares during the last quarter. Finally, Catalina Capital Group LLC acquired a new position in shares of BlackRock MuniVest Fund II in the fourth quarter valued at approximately $301,000. Institutional investors and hedge funds own 34.19% of the company's stock.
BlackRock MuniVest Fund II Stock Performance
Shares of NYSE:MVT traded down $0.05 during trading on Thursday, reaching $10.61. The stock had a trading volume of 40,376 shares, compared to its average volume of 42,314. The business has a fifty day moving average price of $10.78 and a 200-day moving average price of $10.99. BlackRock MuniVest Fund II, Inc. has a fifty-two week low of $10.33 and a fifty-two week high of $11.97.
BlackRock MuniVest Fund II Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a yield of 6.11%. The ex-dividend date of this dividend is Friday, March 14th.
BlackRock MuniVest Fund II Company Profile
(
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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