Kennedy Investment Group Has $1.05 Million Stock Position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Kennedy Investment Group decreased its stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 10.1% during the 4th quarter, Holdings Channel reports. The firm owned 99,927 shares of the financial services provider’s stock after selling 11,263 shares during the period. Kennedy Investment Group’s holdings in BlackRock MuniVest Fund II were worth $1,054,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Pathstone Holdings LLC increased its holdings in shares of BlackRock MuniVest Fund II by 20.8% during the 3rd quarter. Pathstone Holdings LLC now owns 520,807 shares of the financial services provider’s stock worth $5,932,000 after acquiring an additional 89,537 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of BlackRock MuniVest Fund II by 65.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 159,206 shares of the financial services provider’s stock valued at $1,813,000 after acquiring an additional 62,895 shares during the period. Rivernorth Capital Management LLC lifted its position in shares of BlackRock MuniVest Fund II by 1.7% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider’s stock valued at $25,213,000 after acquiring an additional 37,419 shares during the period. Benjamin Edwards Inc. bought a new stake in shares of BlackRock MuniVest Fund II during the 3rd quarter valued at $153,000. Finally, Kimelman & Baird LLC bought a new stake in shares of BlackRock MuniVest Fund II during the 2nd quarter worth $146,000. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Performance

Shares of MVT stock opened at $10.75 on Wednesday. BlackRock MuniVest Fund II, Inc. has a twelve month low of $10.33 and a twelve month high of $11.97. The business has a fifty day simple moving average of $10.78 and a 200 day simple moving average of $11.05.

BlackRock MuniVest Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a $0.054 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.65 dividend on an annualized basis and a yield of 6.03%.

BlackRock MuniVest Fund II Company 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.