BlackRock Municipal Income Trust II (NYSE:BLE) Shares Bought by Signaturefd LLC

Signaturefd LLC grew its holdings in BlackRock Municipal Income Trust II (NYSE:BLE) by 995.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,477 shares of the company’s stock after acquiring an additional 4,977 shares during the quarter. Signaturefd LLC’s holdings in BlackRock Municipal Income Trust II were worth $58,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BLE. Noble Wealth Management PBC acquired a new position in BlackRock Municipal Income Trust II during the 4th quarter valued at approximately $89,000. Simon Quick Advisors LLC purchased a new stake in BlackRock Municipal Income Trust II during the 4th quarter valued at about $112,000. Paradigm Capital Management LLC NV acquired a new position in shares of BlackRock Municipal Income Trust II in the third quarter valued at about $113,000. Benjamin Edwards Inc. purchased a new position in shares of BlackRock Municipal Income Trust II in the third quarter worth about $124,000. Finally, Horizon Kinetics Asset Management LLC acquired a new stake in shares of BlackRock Municipal Income Trust II during the third quarter worth about $167,000.

BlackRock Municipal Income Trust II Stock Performance

Shares of NYSE:BLE opened at $10.64 on Tuesday. BlackRock Municipal Income Trust II has a twelve month low of $10.30 and a twelve month high of $11.41. The stock has a 50 day simple moving average of $10.63.

BlackRock Municipal Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.65 annualized dividend and a dividend yield of 6.09%.

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.