Karpus Management Inc. Purchases 9,073 Shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Karpus Management Inc. boosted its position in BlackRock MuniVest Fund II, Inc. (NYSE:MVTFree Report) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 313,267 shares of the financial services provider’s stock after purchasing an additional 9,073 shares during the period. Karpus Management Inc. owned 1.47% of BlackRock MuniVest Fund II worth $3,374,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MVT. Robinson Capital Management LLC raised its holdings in BlackRock MuniVest Fund II by 58.5% in the 4th quarter. Robinson Capital Management LLC now owns 540,045 shares of the financial services provider’s stock valued at $5,822,000 after buying an additional 199,397 shares during the last quarter. Fiera Capital Corp lifted its holdings in shares of BlackRock MuniVest Fund II by 7.2% during the fourth quarter. Fiera Capital Corp now owns 359,540 shares of the financial services provider’s stock worth $3,872,000 after purchasing an additional 24,115 shares during the period. Saba Capital Management L.P. lifted its holdings in shares of BlackRock MuniVest Fund II by 193.6% during the third quarter. Saba Capital Management L.P. now owns 353,104 shares of the financial services provider’s stock worth $3,280,000 after purchasing an additional 232,834 shares during the period. AQR Arbitrage LLC increased its holdings in BlackRock MuniVest Fund II by 78.3% in the third quarter. AQR Arbitrage LLC now owns 200,908 shares of the financial services provider’s stock valued at $1,866,000 after purchasing an additional 88,240 shares during the period. Finally, Van ECK Associates Corp raised its position in BlackRock MuniVest Fund II by 12.1% during the 4th quarter. Van ECK Associates Corp now owns 157,344 shares of the financial services provider’s stock worth $1,695,000 after purchasing an additional 16,996 shares during the last quarter. 34.19% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund II Trading Down 0.4 %

NYSE MVT opened at $10.69 on Friday. The business’s 50-day moving average price is $10.61 and its two-hundred day moving average price is $10.69. BlackRock MuniVest Fund II, Inc. has a 12 month low of $8.96 and a 12 month high of $11.17.

BlackRock MuniVest Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be issued a $0.0505 dividend. This represents a $0.61 annualized dividend and a yield of 5.67%. The ex-dividend date is Friday, June 14th.

BlackRock MuniVest Fund II Profile

(Free Report)

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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Institutional Ownership by Quarter for BlackRock MuniVest Fund II (NYSE:MVT)

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