BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Bought by Raymond James & Associates

Raymond James & Associates boosted its holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 38.4% in the 4th quarter, Holdings Channel reports. The firm owned 29,958 shares of the financial services provider’s stock after purchasing an additional 8,306 shares during the period. Raymond James & Associates’ holdings in BlackRock MuniVest Fund II were worth $323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of MVT. Avior Wealth Management LLC purchased a new stake in BlackRock MuniVest Fund II in the 3rd quarter valued at $27,000. Advisor Partners II LLC purchased a new position in BlackRock MuniVest Fund II during the 3rd quarter worth $931,000. Ackerman Capital Advisors LLC raised its position in BlackRock MuniVest Fund II by 5.8% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 109,033 shares of the financial services provider’s stock worth $1,013,000 after buying an additional 5,965 shares during the last quarter. RPO LLC raised its position in BlackRock MuniVest Fund II by 59.8% during the 3rd quarter. RPO LLC now owns 143,285 shares of the financial services provider’s stock worth $1,331,000 after buying an additional 53,593 shares during the last quarter. Finally, Landscape Capital Management L.L.C. raised its position in BlackRock MuniVest Fund II by 20.1% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 16,238 shares of the financial services provider’s stock worth $151,000 after buying an additional 2,718 shares during the last quarter. Hedge funds and other institutional investors own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Performance

Shares of BlackRock MuniVest Fund II stock opened at $10.38 on Monday. BlackRock MuniVest Fund II, Inc. has a one year low of $8.96 and a one year high of $11.17. The firm has a fifty day moving average of $10.74 and a two-hundred day moving average of $10.46.

BlackRock MuniVest Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be given a dividend of $0.0505 per share. The ex-dividend date is Friday, April 12th. This represents a $0.61 dividend on an annualized basis and a yield of 5.84%.

BlackRock MuniVest Fund II Company 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.