Rockefeller Capital Management L.P. Has $957,000 Holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Rockefeller Capital Management L.P. lifted its stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) by 131.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,755 shares of the financial services provider's stock after purchasing an additional 51,548 shares during the quarter. Rockefeller Capital Management L.P. owned 0.43% of BlackRock MuniVest Fund II worth $957,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wolverine Asset Management LLC grew its stake in shares of BlackRock MuniVest Fund II by 573.8% during the fourth quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider's stock worth $117,000 after buying an additional 9,421 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in shares of BlackRock MuniVest Fund II during the 4th quarter valued at $119,000. Avior Wealth Management LLC grew its position in 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 during the last quarter. Freestone Capital Holdings LLC grew its position in BlackRock MuniVest Fund II by 13.0% during the 4th quarter. Freestone Capital Holdings LLC now owns 22,600 shares of the financial services provider's stock worth $238,000 after acquiring an additional 2,600 shares during the last quarter. Finally, Hollencrest Capital Management acquired a new position in BlackRock MuniVest Fund II in the 4th quarter worth about $263,000. 34.19% of the stock is owned by institutional investors.

BlackRock MuniVest Fund II Stock Performance

Shares of MVT stock traded up $0.04 during mid-day trading on Friday, reaching $10.12. 100,033 shares of the stock traded hands, compared to its average volume of 55,428. The stock's fifty day simple moving average is $10.49 and its two-hundred day simple moving average is $10.75. BlackRock MuniVest Fund II, Inc. has a 1-year low of $9.71 and a 1-year high of $11.97.

BlackRock MuniVest Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be given a dividend of $0.054 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.65 annualized dividend and a yield of 6.41%.

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.