Integrated Wealth Concepts LLC Has $203,000 Stock Position in BlackRock Municipal Income Trust II (NYSE:BLE)

Integrated Wealth Concepts LLC increased its position in BlackRock Municipal Income Trust II (NYSE:BLE) by 35.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,357 shares of the company’s stock after buying an additional 5,069 shares during the period. Integrated Wealth Concepts LLC’s holdings in BlackRock Municipal Income Trust II were worth $203,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its position in BlackRock Municipal Income Trust II by 995.4% in the 4th quarter. Signaturefd LLC now owns 5,477 shares of the company’s stock valued at $58,000 after buying an additional 4,977 shares during the last quarter. Noble Wealth Management PBC bought a new position in shares of BlackRock Municipal Income Trust II during the fourth quarter valued at about $89,000. Sagespring Wealth Partners LLC purchased a new position in BlackRock Municipal Income Trust II during the fourth quarter worth about $108,000. Simon Quick Advisors LLC bought a new stake in BlackRock Municipal Income Trust II in the 4th quarter worth about $112,000. Finally, World Investment Advisors purchased a new stake in BlackRock Municipal Income Trust II in the 4th quarter valued at about $120,000.

BlackRock Municipal Income Trust II Stock Down 0.3 %

Shares of BlackRock Municipal Income Trust II stock opened at $10.06 on Tuesday. BlackRock Municipal Income Trust II has a 1 year low of $9.56 and a 1 year high of $11.41. The stock has a fifty day moving average price of $10.25 and a 200-day moving average price of $10.54.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be paid a dividend of $0.054 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.44%. The ex-dividend date is Thursday, May 15th.

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.