BlackRock MuniVest Fund II, Inc. $MVT Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. boosted its holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 28.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 446,113 shares of the financial services provider’s stock after acquiring an additional 98,890 shares during the period. Advisors Asset Management Inc.’s holdings in BlackRock MuniVest Fund II were worth $4,604,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Moors & Cabot Inc. raised its position in BlackRock MuniVest Fund II by 5.7% in the second quarter. Moors & Cabot Inc. now owns 18,500 shares of the financial services provider’s stock valued at $191,000 after purchasing an additional 1,000 shares during the period. Rockefeller Capital Management L.P. raised its holdings in BlackRock MuniVest Fund II by 1.0% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 96,592 shares of the financial services provider’s stock valued at $997,000 after buying an additional 1,002 shares during the period. Landscape Capital Management L.L.C. raised its holdings in BlackRock MuniVest Fund II by 12.0% in the 1st quarter. Landscape Capital Management L.L.C. now owns 12,655 shares of the financial services provider’s stock valued at $134,000 after buying an additional 1,360 shares during the period. Riverbridge Partners LLC lifted its position in BlackRock MuniVest Fund II by 5.3% in the second quarter. Riverbridge Partners LLC now owns 36,931 shares of the financial services provider’s stock valued at $381,000 after buying an additional 1,851 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in BlackRock MuniVest Fund II by 2.5% in the second quarter. Concurrent Investment Advisors LLC now owns 83,100 shares of the financial services provider’s stock valued at $858,000 after buying an additional 2,000 shares during the last quarter. 34.19% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Trading Up 0.1%

Shares of MVT opened at $10.68 on Thursday. BlackRock MuniVest Fund II, Inc. has a 1-year low of $9.71 and a 1-year high of $11.32. The firm has a 50-day simple moving average of $10.73 and a two-hundred day simple moving average of $10.39.

BlackRock MuniVest Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 14th will be issued a $0.054 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, November 14th.

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.