BlackRock Municipal Income Trust II $BLE Shares Sold by Callahan Advisors LLC

Callahan Advisors LLC decreased its stake in shares of BlackRock Municipal Income Trust II (NYSE:BLE) by 6.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 109,768 shares of the company’s stock after selling 7,047 shares during the period. Callahan Advisors LLC’s holdings in BlackRock Municipal Income Trust II were worth $1,102,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BLE. Mackay Shields LLC increased its stake in BlackRock Municipal Income Trust II by 63.2% during the 2nd quarter. Mackay Shields LLC now owns 577,670 shares of the company’s stock valued at $5,800,000 after buying an additional 223,646 shares during the period. Park Avenue Securities LLC acquired a new position in shares of BlackRock Municipal Income Trust II in the 2nd quarter worth approximately $1,171,000. Advisors Asset Management Inc. grew its stake in shares of BlackRock Municipal Income Trust II by 40.8% in the 1st quarter. Advisors Asset Management Inc. now owns 195,668 shares of the company’s stock worth $2,033,000 after purchasing an additional 56,656 shares during the last quarter. Leo Wealth LLC grew its stake in shares of BlackRock Municipal Income Trust II by 32.9% in the 2nd quarter. Leo Wealth LLC now owns 212,336 shares of the company’s stock worth $2,132,000 after purchasing an additional 52,580 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of BlackRock Municipal Income Trust II by 17.1% in the 1st quarter. LPL Financial LLC now owns 318,948 shares of the company’s stock worth $3,314,000 after purchasing an additional 46,593 shares during the last quarter.

BlackRock Municipal Income Trust II Stock Down 0.5%

Shares of BLE opened at $10.52 on Thursday. The firm’s 50 day moving average is $10.18 and its 200-day moving average is $10.03. BlackRock Municipal Income Trust II has a 12-month low of $9.56 and a 12-month high of $11.29.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be paid a $0.054 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a c) annualized dividend and a dividend 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.