Wolverine Asset Management LLC Has $73,000 Holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Wolverine Asset Management LLC boosted its position in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 268.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,637 shares of the financial services provider’s stock after acquiring an additional 4,837 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock MuniVest Fund II were worth $73,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MVT. Robinson Capital Management LLC increased its stake in shares of BlackRock MuniVest Fund II by 58.5% in the fourth 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 period. Fiera Capital Corp increased its position in BlackRock MuniVest Fund II by 7.2% in the 4th quarter. Fiera Capital Corp now owns 359,540 shares of the financial services provider’s stock worth $3,872,000 after buying an additional 24,115 shares during the period. Gridiron Partners LLC acquired a new position in shares of BlackRock MuniVest Fund II during the fourth quarter worth approximately $259,000. Concurrent Investment Advisors LLC boosted its position in shares of BlackRock MuniVest Fund II by 41.2% in the first quarter. Concurrent Investment Advisors LLC now owns 77,100 shares of the financial services provider’s stock valued at $841,000 after acquiring an additional 22,500 shares during the period. Finally, Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniVest Fund II in the fourth quarter worth $130,000. 34.19% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund II Stock Down 0.1 %

Shares of MVT stock opened at $11.27 on Friday. BlackRock MuniVest Fund II, Inc. has a 1 year low of $8.96 and a 1 year high of $11.36. The firm’s fifty day simple moving average is $11.09 and its 200 day simple moving average is $10.85.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be given a dividend of $0.0505 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date of this dividend is Monday, September 16th.

About BlackRock MuniVest Fund II

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.