Avior Wealth Management LLC Boosts Holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Avior Wealth Management LLC boosted its position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 15.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,959 shares of the financial services provider’s stock after buying an additional 1,775 shares during the period. Avior Wealth Management LLC owned approximately 0.06% of BlackRock MuniVest Fund II worth $137,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kimelman & Baird LLC purchased a new position in BlackRock MuniVest Fund II in the 2nd quarter valued at $146,000. Benjamin Edwards Inc. purchased a new position in BlackRock MuniVest Fund II in the 3rd quarter valued at $153,000. HighTower Advisors LLC grew its position in BlackRock MuniVest Fund II by 8.4% in the 3rd quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider’s stock valued at $307,000 after buying an additional 2,123 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of BlackRock MuniVest Fund II by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,207 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 1,182 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted 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 worth $1,813,000 after purchasing an additional 62,895 shares in the last quarter. 34.19% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Stock Performance

Shares of NYSE MVT opened at $10.75 on Wednesday. BlackRock MuniVest Fund II, Inc. has a one year low of $10.33 and a one year high of $11.97. The company’s fifty day moving average is $10.78 and its two-hundred day moving average is $11.05.

BlackRock MuniVest Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.054 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.65 annualized dividend and a dividend 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.