BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Bought by Guggenheim Capital LLC

Guggenheim Capital LLC raised its stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 26.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 474,769 shares of the financial services provider’s stock after purchasing an additional 100,383 shares during the period. Guggenheim Capital LLC owned 2.24% of BlackRock MuniVest Fund II worth $5,009,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MVT. Horizon Kinetics Asset Management LLC bought a new stake in BlackRock MuniVest Fund II in the fourth quarter valued at about $506,000. Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniVest Fund II in the 4th quarter worth approximately $409,000. Hollencrest Capital Management bought a new stake in shares of BlackRock MuniVest Fund II in the 4th quarter valued at approximately $263,000. Atala Financial Inc acquired a new stake in shares of BlackRock MuniVest Fund II during the 4th quarter valued at approximately $737,000. Finally, Avior Wealth Management LLC raised its position in shares of BlackRock MuniVest Fund II by 15.9% during the 4th quarter. Avior Wealth Management LLC now owns 12,959 shares of the financial services provider’s stock valued at $137,000 after acquiring an additional 1,775 shares in the last quarter. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Stock Up 0.2 %

BlackRock MuniVest Fund II stock opened at $10.13 on Friday. BlackRock MuniVest Fund II, Inc. has a 12 month low of $9.80 and a 12 month high of $11.97. The company has a fifty day moving average price of $10.58 and a two-hundred day moving average price of $10.80.

BlackRock MuniVest Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend is Tuesday, April 15th.

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.