BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC decreased its position in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 4.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 32,703 shares of the financial services provider’s stock after selling 1,380 shares during the quarter. Riverbridge Partners LLC’s holdings in BlackRock MuniVest Fund II were worth $345,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of MVT. Pathstone Holdings LLC boosted its stake in BlackRock MuniVest Fund II by 20.8% during the 3rd quarter. Pathstone Holdings LLC now owns 520,807 shares of the financial services provider’s stock valued at $5,932,000 after purchasing an additional 89,537 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of BlackRock MuniVest Fund II by 65.3% during the third quarter. Advisors Asset Management Inc. now owns 159,206 shares of the financial services provider’s stock valued at $1,813,000 after buying an additional 62,895 shares during the last quarter. Rivernorth Capital Management LLC boosted its position in shares of BlackRock MuniVest Fund II by 1.7% during the third quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider’s stock worth $25,213,000 after buying an additional 37,419 shares during the period. Benjamin Edwards Inc. bought a new position in BlackRock MuniVest Fund II in the 3rd quarter worth approximately $153,000. Finally, Kimelman & Baird LLC bought a new position in BlackRock MuniVest Fund II in the 2nd quarter worth approximately $146,000. Institutional investors own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Down 1.0 %

Shares of BlackRock MuniVest Fund II stock opened at $10.64 on Friday. BlackRock MuniVest Fund II, Inc. has a 1-year low of $10.33 and a 1-year high of $11.97. The business’s fifty day moving average price is $10.81 and its two-hundred day moving average price is $11.06.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniVest Fund II 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.