BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its holdings in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLEGet Rating) by 7.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,831 shares of the company’s stock after selling 8,208 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock Municipal Income Trust II were worth $1,147,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hightower 6M Holding LLC acquired a new stake in BlackRock Municipal Income Trust II during the second quarter worth about $668,000. Fiera Capital Corp grew its position in BlackRock Municipal Income Trust II by 182.1% in the 1st quarter. Fiera Capital Corp now owns 285,299 shares of the company’s stock worth $3,515,000 after purchasing an additional 184,174 shares during the last quarter. Mutual Advisors LLC grew its position in BlackRock Municipal Income Trust II by 9.4% in the 1st quarter. Mutual Advisors LLC now owns 155,882 shares of the company’s stock worth $1,920,000 after purchasing an additional 13,343 shares during the last quarter. Fortitude Advisory Group L.L.C. grew its position in BlackRock Municipal Income Trust II by 2.5% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 44,563 shares of the company’s stock worth $549,000 after purchasing an additional 1,088 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in BlackRock Municipal Income Trust II by 9.4% in the 1st quarter. Van ECK Associates Corp now owns 217,223 shares of the company’s stock worth $2,676,000 after purchasing an additional 18,726 shares during the last quarter.

BlackRock Municipal Income Trust II Stock Performance

NYSEAMERICAN BLE opened at $10.58 on Wednesday. BlackRock Municipal Income Trust II has a 52 week low of $9.40 and a 52 week high of $15.45.

BlackRock Municipal Income Trust II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Tuesday, November 15th will be issued a $0.042 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend is Monday, November 14th.

BlackRock Municipal Income Trust II Company 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.

Further Reading

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

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