Concurrent Investment Advisors LLC Trims Stock Holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Concurrent Investment Advisors LLC lowered its position in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,100 shares of the financial services provider’s stock after selling 3,000 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.35% of BlackRock MuniVest Fund II worth $855,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Blue Bell Private Wealth Management LLC purchased a new position in BlackRock MuniVest Fund II during the 2nd quarter valued at about $27,000. EverSource Wealth Advisors LLC lifted its holdings in shares of BlackRock MuniVest Fund II by 204.0% during the second quarter. EverSource Wealth Advisors LLC now owns 6,333 shares of the financial services provider’s stock valued at $70,000 after purchasing an additional 4,250 shares during the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of BlackRock MuniVest Fund II by 268.7% during the second quarter. Wolverine Asset Management LLC now owns 6,637 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 4,837 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of BlackRock MuniVest Fund II in the 1st quarter worth approximately $123,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of BlackRock MuniVest Fund II in the 2nd quarter worth approximately $146,000. Institutional investors own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Up 0.5 %

MVT stock opened at $11.10 on Friday. The business has a 50 day moving average of $11.27 and a 200 day moving average of $11.02. BlackRock MuniVest Fund II, Inc. has a twelve month low of $9.66 and a twelve month high of $11.97.

BlackRock MuniVest Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be given a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.84%. The ex-dividend date of this dividend is Friday, November 15th.

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.