58,859 Shares in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Acquired by Walleye Capital LLC

Walleye Capital LLC acquired a new position in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLEGet Rating) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 58,859 shares of the company’s stock, valued at approximately $725,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Mutual Advisors LLC raised its holdings in BlackRock Municipal Income Trust II by 1.7% during the 4th quarter. Mutual Advisors LLC now owns 142,539 shares of the company’s stock worth $2,158,000 after buying an additional 2,362 shares during the period. Guggenheim Capital LLC raised its holdings in BlackRock Municipal Income Trust II by 18.3% during the 4th quarter. Guggenheim Capital LLC now owns 599,786 shares of the company’s stock worth $9,081,000 after buying an additional 92,654 shares during the period. Ackerman Capital Advisors LLC acquired a new stake in BlackRock Municipal Income Trust II during the 4th quarter worth approximately $243,000. AlphaCentric Advisors LLC acquired a new stake in BlackRock Municipal Income Trust II during the 4th quarter worth approximately $151,000. Finally, Park Avenue Securities LLC acquired a new stake in BlackRock Municipal Income Trust II during the 1st quarter worth approximately $1,330,000.

BlackRock Municipal Income Trust II Stock Down 1.1 %

NYSEAMERICAN BLE opened at $10.32 on Wednesday. BlackRock Municipal Income Trust II has a 12-month low of $10.31 and a 12-month high of $15.85.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Thursday, September 15th will be issued a $0.052 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.05%.

BlackRock Municipal Income Trust II Profile

(Get Rating)

BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.

See Also

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Institutional Ownership by Quarter for BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

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