AQR Arbitrage LLC decreased its position in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) by 50.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,008 shares of the financial services provider's stock after selling 70,102 shares during the quarter. AQR Arbitrage LLC owned 0.32% of BlackRock MuniVest Fund II worth $728,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Guggenheim Capital LLC lifted its stake in BlackRock MuniVest Fund II by 26.8% during the 4th quarter. Guggenheim Capital LLC now owns 474,769 shares of the financial services provider's stock valued at $5,009,000 after acquiring an additional 100,383 shares during the period. Sit Investment Associates Inc. lifted its position in BlackRock MuniVest Fund II by 23.2% during the fourth quarter. Sit Investment Associates Inc. now owns 312,513 shares of the financial services provider's stock valued at $3,297,000 after purchasing an additional 58,782 shares during the period. Advisors Asset Management Inc. boosted its holdings in BlackRock MuniVest Fund II by 85.0% in the fourth quarter. Advisors Asset Management Inc. now owns 294,524 shares of the financial services provider's stock valued at $3,107,000 after purchasing an additional 135,318 shares during the last quarter. Invesco Ltd. grew its position in BlackRock MuniVest Fund II by 12.9% during the 4th quarter. Invesco Ltd. now owns 192,106 shares of the financial services provider's stock worth $2,027,000 after purchasing an additional 21,978 shares during the period. Finally, Van ECK Associates Corp raised its stake in shares of BlackRock MuniVest Fund II by 4.7% during the 4th quarter. Van ECK Associates Corp now owns 175,118 shares of the financial services provider's stock valued at $1,847,000 after buying an additional 7,866 shares during the last quarter. Hedge funds and other institutional investors own 34.19% of the company's stock.
BlackRock MuniVest Fund II Price Performance
Shares of MVT stock opened at $10.30 on Friday. BlackRock MuniVest Fund II, Inc. has a 52-week low of $9.71 and a 52-week high of $11.97. The business has a 50-day simple moving average of $10.44 and a 200-day simple moving average of $10.72.
BlackRock MuniVest Fund II Announces Dividend
The company also recently disclosed a monthly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th were paid a dividend of $0.054 per share. The ex-dividend date of this dividend was Tuesday, April 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.29%.
BlackRock MuniVest Fund II Company Profile
(
Free Report)
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.
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Want to see what other hedge funds are holding MVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report).
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