EverSource Wealth Advisors LLC raised its position in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT – Free Report) by 204.0% in the second quarter, HoldingsChannel.com reports. The firm owned 6,333 shares of the financial services provider’s stock after buying an additional 4,250 shares during the period. EverSource Wealth Advisors LLC’s holdings in BlackRock MuniVest Fund II were worth $70,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC bought a new position in BlackRock MuniVest Fund II during the 2nd quarter valued at $27,000. Pineridge Advisors LLC acquired a new stake in shares of BlackRock MuniVest Fund II during the 4th quarter valued at $60,000. Wolverine Asset Management LLC lifted its position in shares of BlackRock MuniVest Fund II by 268.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 6,637 shares of the financial services provider’s stock valued at $73,000 after acquiring an additional 4,837 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of BlackRock MuniVest Fund II during the 1st quarter valued at $123,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniVest Fund II during the 4th quarter valued at $130,000. 34.19% of the stock is owned by institutional investors.
BlackRock MuniVest Fund II Stock Performance
Shares of NYSE:MVT opened at $11.41 on Friday. BlackRock MuniVest Fund II, Inc. has a one year low of $8.96 and a one year high of $11.97. The stock has a fifty day moving average of $11.23 and a 200-day moving average of $10.92.
BlackRock MuniVest Fund II Increases Dividend
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.
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