Rockefeller Capital Management L.P. Purchases 1,182 Shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Rockefeller Capital Management L.P. boosted its stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 3.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,207 shares of the financial services provider’s stock after purchasing an additional 1,182 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in BlackRock MuniVest Fund II were worth $447,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MVT. Blue Bell Private Wealth Management LLC bought a new stake in shares of BlackRock MuniVest Fund II during the 2nd quarter worth approximately $27,000. EverSource Wealth Advisors LLC raised its position in 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 worth $70,000 after acquiring an additional 4,250 shares during the period. Wolverine Asset Management LLC increased its position in 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 worth $73,000 after purchasing an additional 4,837 shares during the last quarter. Avior Wealth Management LLC boosted its stake in shares of BlackRock MuniVest Fund II by 17.8% in the third quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider’s stock valued at $127,000 after purchasing an additional 1,689 shares during the period. Finally, Kimelman & Baird LLC purchased a new position in shares of BlackRock MuniVest Fund II in the second quarter valued at approximately $146,000. 34.19% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Stock Performance

Shares of NYSE:MVT opened at $11.08 on Wednesday. BlackRock MuniVest Fund II, Inc. has a twelve month low of $10.33 and a twelve month high of $11.97. The firm has a 50 day simple moving average of $11.13 and a 200-day simple moving average of $11.09.

BlackRock MuniVest Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.054 per share. The ex-dividend date is Monday, December 16th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.85%.

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.