BlackRock MuniVest Fund II, Inc. $MVT Shares Sold by Callahan Advisors LLC

Callahan Advisors LLC lowered its position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 10.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,714 shares of the financial services provider’s stock after selling 6,887 shares during the quarter. Callahan Advisors LLC’s holdings in BlackRock MuniVest Fund II were worth $616,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MVT. Avior Wealth Management LLC increased its position in shares of BlackRock MuniVest Fund II by 8.5% in the 1st quarter. Avior Wealth Management LLC now owns 14,056 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 1,097 shares during the last quarter. Landscape Capital Management L.L.C. increased its position in shares of BlackRock MuniVest Fund II by 12.0% in the 1st quarter. Landscape Capital Management L.L.C. now owns 12,655 shares of the financial services provider’s stock worth $134,000 after purchasing an additional 1,360 shares during the last quarter. Riverbridge Partners LLC increased its position in shares of BlackRock MuniVest Fund II by 5.3% in the 2nd quarter. Riverbridge Partners LLC now owns 36,931 shares of the financial services provider’s stock worth $381,000 after purchasing an additional 1,851 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in shares of BlackRock MuniVest Fund II by 2.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 83,100 shares of the financial services provider’s stock worth $858,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Atala Financial Inc increased its position in shares of BlackRock MuniVest Fund II by 5.4% in the 1st quarter. Atala Financial Inc now owns 73,655 shares of the financial services provider’s stock worth $779,000 after purchasing an additional 3,755 shares during the last quarter. Institutional investors and hedge funds own 34.19% of the company’s stock.

BlackRock MuniVest Fund II Price Performance

MVT opened at $10.81 on Thursday. The company has a 50-day moving average of $10.51 and a 200-day moving average of $10.28. BlackRock MuniVest Fund II, Inc. has a 1-year low of $9.71 and a 1-year high of $11.36.

BlackRock MuniVest Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a $0.054 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 6.0%.

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.