Stifel Financial Corp boosted its stake in shares of BR-MUNIVST FD 2 (NYSE:MVT) by 27.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,740 shares of the financial services provider’s stock after acquiring an additional 4,000 shares during the quarter. Stifel Financial Corp’s holdings in BR-MUNIVST FD 2 were worth $294,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of MVT. Sigma Planning Corp grew its holdings in BR-MUNIVST FD 2 by 6.5% during the 2nd quarter. Sigma Planning Corp now owns 14,290 shares of the financial services provider’s stock worth $224,000 after acquiring an additional 872 shares during the last quarter. Van ECK Associates Corp grew its holdings in BR-MUNIVST FD 2 by 29.1% during the 2nd quarter. Van ECK Associates Corp now owns 34,712 shares of the financial services provider’s stock worth $545,000 after acquiring an additional 7,824 shares during the last quarter. Finally, Fiduciary Financial Services of The Southwest Inc. TX grew its holdings in BR-MUNIVST FD 2 by 2.0% during the 2nd quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 60,067 shares of the financial services provider’s stock worth $942,000 after acquiring an additional 1,180 shares during the last quarter. 4.39% of the stock is currently owned by hedge funds and other institutional investors.
Shares of BR-MUNIVST FD 2 (NYSE:MVT) opened at $15.33 on Friday. BR-MUNIVST FD 2 has a fifty-two week low of $14.74 and a fifty-two week high of $16.46.
The business also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.073 per share. This represents a $0.88 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend is Tuesday, November 14th.
ILLEGAL ACTIVITY WARNING: “BR-MUNIVST FD 2 (MVT) Shares Bought by Stifel Financial Corp” was published by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://www.com-unik.info/2017/11/05/br-munivst-fd-2-mvt-shares-bought-by-stifel-financial-corp.html.
About BR-MUNIVST FD 2
BlackRock MuniVest Fund II, Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
What are top analysts saying about BR-MUNIVST FD 2? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BR-MUNIVST FD 2 and related companies.