BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Purchased by Rpo LLC

Rpo LLC increased its stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVTFree Report) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 147,482 shares of the financial services provider’s stock after purchasing an additional 4,197 shares during the period. BlackRock MuniVest Fund II accounts for approximately 2.3% of Rpo LLC’s investment portfolio, making the stock its 12th biggest position. Rpo LLC’s holdings in BlackRock MuniVest Fund II were worth $1,588,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of MVT. Saba Capital Management L.P. raised its position in shares of BlackRock MuniVest Fund II by 193.6% during the 3rd quarter. Saba Capital Management L.P. now owns 353,104 shares of the financial services provider’s stock worth $3,280,000 after purchasing an additional 232,834 shares during the last quarter. Robinson Capital Management LLC raised its position in shares of BlackRock MuniVest Fund II by 58.5% during the 4th quarter. Robinson Capital Management LLC now owns 540,045 shares of the financial services provider’s stock worth $5,822,000 after purchasing an additional 199,397 shares during the last quarter. AQR Arbitrage LLC grew its stake in BlackRock MuniVest Fund II by 78.3% during the 3rd quarter. AQR Arbitrage LLC now owns 200,908 shares of the financial services provider’s stock valued at $1,866,000 after acquiring an additional 88,240 shares in the last quarter. Ackerman Capital Advisors LLC grew its stake in BlackRock MuniVest Fund II by 27.3% during the 4th quarter. Ackerman Capital Advisors LLC now owns 138,762 shares of the financial services provider’s stock valued at $1,494,000 after acquiring an additional 29,729 shares in the last quarter. Finally, SFI Advisors LLC purchased a new stake in BlackRock MuniVest Fund II during the 4th quarter valued at about $283,000. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Up 0.1 %

NYSE MVT traded up $0.01 during trading hours on Wednesday, hitting $10.61. 8,729 shares of the company’s stock traded hands, compared to its average volume of 43,886. BlackRock MuniVest Fund II, Inc. has a 52-week low of $8.96 and a 52-week high of $11.17. The firm’s 50-day moving average is $10.65 and its 200-day moving average is $10.67.

BlackRock MuniVest Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a dividend of $0.0505 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.61 annualized dividend and a yield of 5.71%.

BlackRock MuniVest Fund II 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.

Further Reading

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Institutional Ownership by Quarter for BlackRock MuniVest Fund II (NYSE:MVT)

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