Pathstone Holdings LLC boosted its stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) by 20.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 520,807 shares of the financial services provider's stock after purchasing an additional 89,537 shares during the period. Pathstone Holdings LLC owned about 2.45% of BlackRock MuniVest Fund II worth $5,932,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC bought a new stake in BlackRock MuniVest Fund II during the 2nd quarter valued at $27,000. EverSource Wealth Advisors LLC raised its stake in shares of BlackRock MuniVest Fund II by 204.0% during the second quarter. EverSource Wealth Advisors LLC now owns 6,333 shares of the financial services provider's stock valued at $70,000 after acquiring an additional 4,250 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of BlackRock MuniVest Fund II by 268.7% during the second quarter. Wolverine Asset Management LLC now owns 6,637 shares of the financial services provider's stock worth $73,000 after purchasing an additional 4,837 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in shares of BlackRock MuniVest Fund II in the first quarter worth about $123,000. Finally, Kimelman & Baird LLC bought a new stake in shares of BlackRock MuniVest Fund II in the second quarter worth about $146,000. Institutional investors own 34.19% of the company's stock.
BlackRock MuniVest Fund II Trading Up 0.2 %
MVT traded up $0.02 during midday trading on Friday, reaching $10.94. 56,502 shares of the company's stock traded hands, compared to its average volume of 78,720. BlackRock MuniVest Fund II, Inc. has a 52 week low of $10.14 and a 52 week high of $11.97. The firm has a fifty day moving average of $11.19 and a two-hundred day moving average of $11.05.
BlackRock MuniVest Fund II Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.92%.
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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