Catalina Capital Group LLC Purchases Shares of 28,578 BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Catalina Capital Group LLC bought a new stake in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 28,578 shares of the financial services provider’s stock, valued at approximately $301,000. Catalina Capital Group LLC owned 0.13% of BlackRock MuniVest Fund II at the end of the most recent quarter.

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

BlackRock MuniVest Fund II Stock Performance

Shares of MVT stock opened at $10.80 on Tuesday. The firm has a fifty day simple moving average of $10.77 and a 200-day simple moving average of $11.04. BlackRock MuniVest Fund II, Inc. has a twelve month low of $10.33 and a twelve month high of $11.97.

BlackRock MuniVest Fund II Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.054 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $0.65 annualized dividend and a dividend yield of 6.00%.

BlackRock MuniVest Fund II 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.