Rareview Capital LLC Raises Stock Holdings in BlackRock Municipal Income Trust II (NYSE:BLE)

Rareview Capital LLC boosted its holdings in shares of BlackRock Municipal Income Trust II (NYSE:BLE) by 26.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 305,849 shares of the company’s stock after purchasing an additional 64,095 shares during the quarter. BlackRock Municipal Income Trust II makes up 2.6% of Rareview Capital LLC’s holdings, making the stock its 14th largest position. Rareview Capital LLC’s holdings in BlackRock Municipal Income Trust II were worth $3,444,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Wakefield Asset Management LLLP lifted its position in shares of BlackRock Municipal Income Trust II by 0.6% in the fourth quarter. Wakefield Asset Management LLLP now owns 170,026 shares of the company’s stock valued at $1,787,000 after acquiring an additional 973 shares in the last quarter. Catalina Capital Group LLC lifted its position in shares of BlackRock Municipal Income Trust II by 7.3% in the fourth quarter. Catalina Capital Group LLC now owns 25,638 shares of the company’s stock valued at $269,000 after acquiring an additional 1,744 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of BlackRock Municipal Income Trust II by 15.6% in the fourth quarter. Avior Wealth Management LLC now owns 20,077 shares of the company’s stock valued at $211,000 after acquiring an additional 2,706 shares in the last quarter. Leo Wealth LLC lifted its position in shares of BlackRock Municipal Income Trust II by 1.9% in the fourth quarter. Leo Wealth LLC now owns 202,313 shares of the company’s stock valued at $2,126,000 after acquiring an additional 3,736 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of BlackRock Municipal Income Trust II by 5.1% in the fourth quarter. Park Avenue Securities LLC now owns 99,130 shares of the company’s stock valued at $1,042,000 after purchasing an additional 4,807 shares during the last quarter.

BlackRock Municipal Income Trust II Stock Down 0.7 %

NYSE:BLE opened at $10.39 on Friday. BlackRock Municipal Income Trust II has a one year low of $10.30 and a one year high of $11.41. The firm has a 50 day moving average of $10.62.

BlackRock Municipal Income Trust II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.054 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.65 annualized dividend and a dividend yield of 6.24%.

BlackRock Municipal Income Trust II Company Profile

BlackRock Municipal Income Trust II 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 primarily invests long-term and short-term investments, and money market funds. The fund primarily in investment grade municipal bonds that are exempt from regular federal income tax.