Janney Montgomery Scott LLC Has $201,000 Position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Janney Montgomery Scott LLC reduced its stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 15.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,005 shares of the financial services provider’s stock after selling 3,500 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock MuniVest Fund II were worth $201,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC boosted its holdings in shares of BlackRock MuniVest Fund II by 17.8% during the third quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 1,689 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of BlackRock MuniVest Fund II during the third quarter worth approximately $153,000. HighTower Advisors LLC boosted its holdings in shares of BlackRock MuniVest Fund II by 8.4% during the third quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 2,123 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of BlackRock MuniVest Fund II by 3.1% during the third quarter. Rockefeller Capital Management L.P. now owns 39,207 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 1,182 shares during the period. Finally, Advisors Asset Management Inc. boosted 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 worth $1,813,000 after purchasing an additional 62,895 shares during the period. 34.19% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund II Stock Performance

MVT stock opened at $10.81 on Friday. The firm has a 50 day simple moving average of $10.72 and a 200 day simple moving average of $11.04. BlackRock MuniVest Fund II, Inc. has a 52 week low of $10.33 and a 52 week high of $11.97.

BlackRock MuniVest Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Friday, February 14th.

About BlackRock MuniVest Fund II

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.