Truist Financial Corp Has $368,000 Position in BlackRock Municipal Income Trust II $BLE

Truist Financial Corp grew its holdings in BlackRock Municipal Income Trust II (NYSE:BLE) by 59.4% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 36,656 shares of the company’s stock after purchasing an additional 13,655 shares during the quarter. Truist Financial Corp’s holdings in BlackRock Municipal Income Trust II were worth $368,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in BLE. Wakefield Asset Management LLLP grew its position in BlackRock Municipal Income Trust II by 0.6% during the first quarter. Wakefield Asset Management LLLP now owns 171,026 shares of the company’s stock worth $1,778,000 after buying an additional 1,000 shares in the last quarter. Dakota Wealth Management grew its position in BlackRock Municipal Income Trust II by 2.7% during the second quarter. Dakota Wealth Management now owns 78,783 shares of the company’s stock worth $791,000 after buying an additional 2,100 shares in the last quarter. Arlington Capital Management Inc. grew its position in BlackRock Municipal Income Trust II by 11.6% during the first quarter. Arlington Capital Management Inc. now owns 24,866 shares of the company’s stock worth $258,000 after buying an additional 2,584 shares in the last quarter. Avior Wealth Management LLC grew its position in BlackRock Municipal Income Trust II by 18.3% during the first quarter. Avior Wealth Management LLC now owns 23,752 shares of the company’s stock worth $247,000 after buying an additional 3,675 shares in the last quarter. Finally, Invesco Ltd. grew its position in BlackRock Municipal Income Trust II by 2.2% during the first quarter. Invesco Ltd. now owns 198,219 shares of the company’s stock worth $2,059,000 after buying an additional 4,254 shares in the last quarter.

BlackRock Municipal Income Trust II Price Performance

BLE stock opened at $10.51 on Friday. BlackRock Municipal Income Trust II has a twelve month low of $9.56 and a twelve month high of $11.29. The business’s 50-day simple moving average is $10.19 and its 200 day simple moving average is $10.03.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.054 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 6.2%.

BlackRock Municipal Income Trust II Company 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.