BlackRock Municipal Income Trust II (NYSE:BLE) Stock Holdings Increased by Cetera Investment Advisers

Cetera Investment Advisers raised its holdings in shares of BlackRock Municipal Income Trust II (NYSE:BLE) by 7.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,852 shares of the company’s stock after acquiring an additional 12,928 shares during the period. Cetera Investment Advisers’ holdings in BlackRock Municipal Income Trust II were worth $1,943,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Park Avenue Securities LLC increased its position in shares of BlackRock Municipal Income Trust II by 5.1% during the 4th quarter. Park Avenue Securities LLC now owns 99,130 shares of the company’s stock valued at $1,042,000 after purchasing an additional 4,807 shares during the period. Simon Quick Advisors LLC acquired a new position in shares of BlackRock Municipal Income Trust II during the 4th quarter valued at $112,000. Avior Wealth Management LLC increased its position in shares of BlackRock Municipal Income Trust II by 15.6% during the 4th quarter. Avior Wealth Management LLC now owns 20,077 shares of the company’s stock valued at $211,000 after purchasing an additional 2,706 shares during the period. Catalina Capital Group LLC increased its position in shares of BlackRock Municipal Income Trust II by 7.3% during the 4th quarter. Catalina Capital Group LLC now owns 25,638 shares of the company’s stock valued at $269,000 after purchasing an additional 1,744 shares during the period. Finally, Leo Wealth LLC increased its position in shares of BlackRock Municipal Income Trust II by 1.9% during the 4th quarter. Leo Wealth LLC now owns 202,313 shares of the company’s stock valued at $2,126,000 after purchasing an additional 3,736 shares during the period.

BlackRock Municipal Income Trust II Trading Down 0.6%

Shares of BLE stock opened at $10.02 on Tuesday. BlackRock Municipal Income Trust II has a 1 year low of $9.56 and a 1 year high of $11.41. The business’s fifty day moving average is $10.13 and its 200-day moving average is $10.51.

BlackRock Municipal Income Trust II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend is Thursday, May 15th.

BlackRock Municipal Income Trust II Profile

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.