BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Acquired by Pathstone Holdings LLC

Pathstone Holdings LLC increased its position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 42.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 740,813 shares of the financial services provider’s stock after acquiring an additional 220,006 shares during the period. Pathstone Holdings LLC owned approximately 3.49% of BlackRock MuniVest Fund II worth $7,834,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniVest Fund II in the 4th quarter worth about $309,000. Logan Stone Capital LLC increased its holdings in shares of BlackRock MuniVest Fund II by 67.1% in the 4th quarter. Logan Stone Capital LLC now owns 258,989 shares of the financial services provider’s stock worth $2,732,000 after acquiring an additional 103,996 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of BlackRock MuniVest Fund II by 5.8% in the 4th quarter. Ameriprise Financial Inc. now owns 93,638 shares of the financial services provider’s stock worth $988,000 after acquiring an additional 5,159 shares during the period. Guggenheim Capital LLC increased its holdings in shares of BlackRock MuniVest Fund II by 26.8% in the 4th quarter. Guggenheim Capital LLC now owns 474,769 shares of the financial services provider’s stock worth $5,009,000 after acquiring an additional 100,383 shares during the period. Finally, Cohen & Steers Inc. increased its stake in BlackRock MuniVest Fund II by 5.5% during the 4th quarter. Cohen & Steers Inc. now owns 58,000 shares of the financial services provider’s stock valued at $612,000 after buying an additional 3,000 shares during the period. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Performance

MVT stock opened at $10.30 on Friday. BlackRock MuniVest Fund II, Inc. has a 52 week low of $9.71 and a 52 week high of $11.97. The firm’s 50-day moving average is $10.32 and its two-hundred day moving average is $10.66.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a dividend of $0.054 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.29%.

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.