BlackRock MuniVest Fund II, Inc. $MVT Shares Sold by Gridiron Partners LLC

Gridiron Partners LLC lessened its stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 98.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,077 shares of the financial services provider’s stock after selling 2,220,237 shares during the quarter. Gridiron Partners LLC owned about 0.12% of BlackRock MuniVest Fund II worth $260,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MVT. Advisors Asset Management Inc. increased its position in shares of BlackRock MuniVest Fund II by 28.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 446,113 shares of the financial services provider’s stock valued at $4,604,000 after purchasing an additional 98,890 shares during the period. Karpus Management Inc. grew its holdings in BlackRock MuniVest Fund II by 19.5% during the second quarter. Karpus Management Inc. now owns 398,165 shares of the financial services provider’s stock worth $4,109,000 after acquiring an additional 65,037 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in BlackRock MuniVest Fund II by 10.8% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 317,330 shares of the financial services provider’s stock worth $3,373,000 after acquiring an additional 30,817 shares in the last quarter. UBS Group AG lifted its holdings in BlackRock MuniVest Fund II by 69.2% in the 3rd quarter. UBS Group AG now owns 65,381 shares of the financial services provider’s stock valued at $695,000 after acquiring an additional 26,731 shares during the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. grew its stake in shares of BlackRock MuniVest Fund II by 26.5% in the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 92,462 shares of the financial services provider’s stock worth $954,000 after purchasing an additional 19,393 shares during the last quarter. 34.19% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund II Trading Up 0.1%

NYSE MVT opened at $10.99 on Friday. BlackRock MuniVest Fund II, Inc. has a 12 month low of $9.71 and a 12 month high of $11.19. The company’s 50 day simple moving average is $10.92 and its 200 day simple moving average is $10.78.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 6th were paid a dividend of $0.054 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a c) annualized dividend and a dividend yield of 5.9%.

About BlackRock MuniVest Fund II

BlackRock MuniVest Fund II (NYSE: MVT) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Listed on the New York Stock Exchange, the fund primarily invests in a diversified portfolio of U.S. municipal obligations, including general obligation bonds, revenue bonds and variable rate instruments. As a municipally focused fund, it aims to capture tax-efficient yields while managing credit and duration risk.

The fund’s investment strategy emphasizes fundamental credit analysis and sector diversification across various issuers at the state, city and local levels.