BlackRock MuniVest Fund II, Inc. (MVT) To Go Ex-Dividend on November 14th

BlackRock MuniVest Fund II, Inc. (NYSE:MVT) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be given a dividend of 0.054 per share by the financial services provider on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, November 14th.

BlackRock MuniVest Fund II Stock Down 0.1%

Shares of NYSE MVT traded down $0.02 during midday trading on Wednesday, hitting $10.80. The company had a trading volume of 13,464 shares, compared to its average volume of 53,725. The business has a 50-day simple moving average of $10.72 and a two-hundred day simple moving average of $10.36. BlackRock MuniVest Fund II has a twelve month low of $9.71 and a twelve month high of $11.32.

Hedge Funds Weigh In On BlackRock MuniVest Fund II

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nomura Holdings Inc. purchased a new stake in shares of BlackRock MuniVest Fund II in the second quarter valued at about $103,000. Jane Street Group LLC acquired a new position in shares of BlackRock MuniVest Fund II during the 2nd quarter worth approximately $118,000. Landscape Capital Management L.L.C. lifted its stake 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 in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in BlackRock MuniVest Fund II in the 3rd quarter valued at approximately $143,000. Finally, Moors & Cabot Inc. grew its holdings in BlackRock MuniVest Fund II by 5.7% during the 2nd quarter. Moors & Cabot Inc. now owns 18,500 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 34.19% of the company’s stock.

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.