Thomas J. Herzfeld Advisors Inc. Has $455,000 Stock Position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Thomas J. Herzfeld Advisors Inc. cut its stake in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,122 shares of the financial services provider’s stock after selling 6,641 shares during the period. Thomas J. Herzfeld Advisors Inc. owned 0.20% of BlackRock MuniVest Fund II worth $455,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its position in shares of BlackRock MuniVest Fund II by 3.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,207 shares of the financial services provider’s stock valued at $447,000 after acquiring an additional 1,182 shares during the period. Benjamin Edwards Inc. acquired a new stake in BlackRock MuniVest Fund II in the 3rd quarter valued at about $153,000. HighTower Advisors LLC grew its holdings in BlackRock MuniVest Fund II by 8.4% during the third quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 2,123 shares during the period. Rivernorth Capital Management LLC increased its position in BlackRock MuniVest Fund II by 1.7% during the third quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider’s stock worth $25,213,000 after buying an additional 37,419 shares during the last quarter. Finally, Avior Wealth Management LLC raised its stake in BlackRock MuniVest Fund II by 15.9% in the fourth quarter. Avior Wealth Management LLC now owns 12,959 shares of the financial services provider’s stock valued at $137,000 after buying an additional 1,775 shares during the period. 34.19% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund II Stock Up 0.3 %

MVT opened at $10.57 on Tuesday. BlackRock MuniVest Fund II, Inc. has a 12-month low of $10.33 and a 12-month high of $11.97. The business has a 50 day moving average of $10.76 and a 200-day moving average of $10.93.

BlackRock MuniVest Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.054 per share. The ex-dividend date is Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.13%.

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.