Nomura Holdings Inc. Makes New Investment in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 29,300 shares of the financial services provider's stock, valued at approximately $309,000. Nomura Holdings Inc. owned 0.14% of BlackRock MuniVest Fund II at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Wolverine Asset Management LLC boosted its holdings in BlackRock MuniVest Fund II by 573.8% in the fourth quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider's stock valued at $117,000 after purchasing an additional 9,421 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of BlackRock MuniVest Fund II in the fourth quarter worth about $119,000. Avior Wealth Management LLC grew its holdings in BlackRock MuniVest Fund II by 15.9% during the fourth quarter. Avior Wealth Management LLC now owns 12,959 shares of the financial services provider's stock worth $137,000 after acquiring an additional 1,775 shares during the period. Freestone Capital Holdings LLC raised its position in BlackRock MuniVest Fund II by 13.0% during the fourth quarter. Freestone Capital Holdings LLC now owns 22,600 shares of the financial services provider's stock valued at $238,000 after acquiring an additional 2,600 shares in the last quarter. Finally, Hollencrest Capital Management acquired a new position in BlackRock MuniVest Fund II in the fourth quarter valued at approximately $263,000. 34.19% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Trading Down 0.4%

BlackRock MuniVest Fund II stock traded down $0.05 during mid-day trading on Wednesday, hitting $10.12. The company had a trading volume of 11,755 shares, compared to its average volume of 51,162. BlackRock MuniVest Fund II, Inc. has a 12-month low of $9.71 and a 12-month high of $11.97. The company's fifty day moving average is $10.26 and its 200-day moving average is $10.62.

BlackRock MuniVest Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a dividend of $0.054 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.65 annualized dividend and a yield of 6.41%.

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.