BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC decreased its holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,703 shares of the financial services provider’s stock after selling 1,380 shares during the quarter. Riverbridge Partners LLC owned approximately 0.15% of BlackRock MuniVest Fund II worth $345,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rivernorth Capital Management LLC raised its position in shares of BlackRock MuniVest Fund II by 1.7% in the 3rd quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider’s stock valued at $25,213,000 after purchasing an additional 37,419 shares in the last quarter. Pathstone Holdings LLC increased its stake in shares of BlackRock MuniVest Fund II by 20.8% in the third quarter. Pathstone Holdings LLC now owns 520,807 shares of the financial services provider’s stock worth $5,932,000 after buying an additional 89,537 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in BlackRock MuniVest Fund II by 65.3% in the third quarter. Advisors Asset Management Inc. now owns 159,206 shares of the financial services provider’s stock valued at $1,813,000 after acquiring an additional 62,895 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in BlackRock MuniVest Fund II by 3.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,207 shares of the financial services provider’s stock valued at $447,000 after acquiring an additional 1,182 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in BlackRock MuniVest Fund II by 8.4% during the 3rd quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider’s stock worth $307,000 after acquiring an additional 2,123 shares in the last quarter. Hedge funds and other institutional investors own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Price Performance

MVT opened at $10.64 on Friday. BlackRock MuniVest Fund II, Inc. has a 1-year low of $10.33 and a 1-year high of $11.97. The company has a 50-day moving average of $10.81 and a 200-day moving average of $11.06.

BlackRock MuniVest Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a $0.054 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.65 annualized dividend and a dividend yield of 6.09%.

BlackRock MuniVest Fund II Company 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.