Mutual Advisors LLC Has $1.37 Million Holdings in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Mutual Advisors LLC trimmed its position in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,718 shares of the company’s stock after selling 3,550 shares during the quarter. Mutual Advisors LLC’s holdings in BlackRock Municipal Income Trust II were worth $1,369,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Simon Quick Advisors LLC bought a new position in shares of BlackRock Municipal Income Trust II in the fourth quarter valued at approximately $112,000. Paradigm Capital Management LLC NV purchased a new position in BlackRock Municipal Income Trust II during the 3rd quarter worth $113,000. Private Advisor Group LLC bought a new stake in shares of BlackRock Municipal Income Trust II in the 3rd quarter worth $117,000. Benjamin Edwards Inc. purchased a new stake in shares of BlackRock Municipal Income Trust II in the third quarter valued at about $124,000. Finally, Horizon Kinetics Asset Management LLC purchased a new stake in shares of BlackRock Municipal Income Trust II in the third quarter valued at about $167,000.

BlackRock Municipal Income Trust II Trading Up 0.7 %

BlackRock Municipal Income Trust II stock opened at $10.67 on Friday. BlackRock Municipal Income Trust II has a 52 week low of $10.30 and a 52 week high of $11.41.

BlackRock Municipal Income Trust II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.