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

AQR Arbitrage LLC reduced its holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 50.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,008 shares of the financial services provider’s stock after selling 70,102 shares during the period. AQR Arbitrage LLC’s holdings in BlackRock MuniVest Fund II were worth $728,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wolverine Asset Management LLC grew its stake in BlackRock MuniVest Fund II by 573.8% in the 4th quarter. Wolverine Asset Management LLC now owns 11,063 shares of the financial services provider’s stock valued at $117,000 after acquiring an additional 9,421 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of BlackRock MuniVest Fund II in the fourth quarter valued at about $119,000. Avior Wealth Management LLC increased its stake in shares of BlackRock MuniVest Fund II by 15.9% during the fourth quarter. Avior Wealth Management LLC now owns 12,959 shares of the financial services provider’s stock worth $137,000 after purchasing an additional 1,775 shares in the last quarter. Freestone Capital Holdings LLC raised its position in shares of BlackRock MuniVest Fund II by 13.0% during the 4th quarter. Freestone Capital Holdings LLC now owns 22,600 shares of the financial services provider’s stock worth $238,000 after purchasing an additional 2,600 shares during the last quarter. Finally, Hollencrest Capital Management purchased a new position in BlackRock MuniVest Fund II in the 4th quarter valued at about $263,000. 34.19% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniVest Fund II Trading Up 0.8 %

MVT stock opened at $10.30 on Friday. BlackRock MuniVest Fund II, Inc. has a 12-month low of $9.71 and a 12-month high of $11.97. The business’s 50-day moving average is $10.44 and its 200 day moving average is $10.72.

BlackRock MuniVest Fund II Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th were paid a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date of this dividend was Tuesday, April 15th.

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.