Landscape Capital Management L.L.C. Makes New $119,000 Investment in BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Landscape Capital Management L.L.C. purchased a new position in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 11,295 shares of the financial services provider’s stock, valued at approximately $119,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MVT. Rockefeller Capital Management L.P. boosted its stake 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 purchasing an additional 1,182 shares during the period. Benjamin Edwards Inc. bought a new position in BlackRock MuniVest Fund II in the 3rd quarter worth approximately $153,000. HighTower Advisors LLC boosted its stake in BlackRock MuniVest Fund II by 8.4% in the 3rd quarter. HighTower Advisors LLC now owns 27,450 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 2,123 shares during the period. Rivernorth Capital Management LLC boosted its stake in BlackRock MuniVest Fund II by 1.7% in the 3rd quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider’s stock worth $25,213,000 after purchasing an additional 37,419 shares during the period. Finally, Avior Wealth Management LLC boosted its stake in BlackRock MuniVest Fund II by 15.9% in the 4th 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 during the period. 34.19% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund II Stock Performance

MVT stock opened at $10.03 on Thursday. BlackRock MuniVest Fund II, Inc. has a 1-year low of $9.80 and a 1-year high of $11.97. The business has a 50 day simple moving average of $10.69 and a two-hundred day simple moving average of $10.86.

BlackRock MuniVest Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.054 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.46%.

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.