Wolverine Asset Management LLC Boosts Stock Holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Wolverine Asset Management LLC raised its holdings in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 573.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,063 shares of the financial services provider’s stock after buying an additional 9,421 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock MuniVest Fund II were worth $117,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MVT. Avior Wealth Management LLC boosted its holdings in shares of BlackRock MuniVest Fund II by 17.8% during the third quarter. Avior Wealth Management LLC now owns 11,184 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 1,689 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of BlackRock MuniVest Fund II during the third quarter worth about $153,000. Catalina Capital Group LLC purchased a new stake in shares of BlackRock MuniVest Fund II during the fourth quarter worth about $301,000. HighTower Advisors LLC boosted its holdings in shares of BlackRock MuniVest Fund II by 8.4% during the third quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 2,123 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of BlackRock MuniVest Fund II by 3.1% during the third quarter. Rockefeller Capital Management L.P. now owns 39,207 shares of the financial services provider’s stock worth $447,000 after purchasing an additional 1,182 shares during the period. 34.19% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Trading Down 0.6 %

BlackRock MuniVest Fund II stock opened at $10.83 on Tuesday. The firm has a 50-day moving average of $10.70 and a 200-day moving average of $11.03. BlackRock MuniVest Fund II, Inc. has a 1-year low of $10.33 and a 1-year high of $11.97.

BlackRock MuniVest Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a dividend of $0.054 per share. The ex-dividend date is Friday, February 14th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.98%.

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.