BlackRock MuniVest Fund II, Inc. (NYSE:MVT) Shares Bought by Guggenheim Capital LLC

Guggenheim Capital LLC grew its holdings in shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 26.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 474,769 shares of the financial services provider’s stock after purchasing an additional 100,383 shares during the quarter. Guggenheim Capital LLC’s holdings in BlackRock MuniVest Fund II were worth $5,009,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Rivernorth Capital Management LLC raised its stake in BlackRock MuniVest Fund II by 1.7% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,213,642 shares of the financial services provider’s stock valued at $25,213,000 after acquiring an additional 37,419 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of BlackRock MuniVest Fund II by 23.2% during the fourth quarter. Sit Investment Associates Inc. now owns 312,513 shares of the financial services provider’s stock valued at $3,297,000 after purchasing an additional 58,782 shares during the period. Advisors Asset Management Inc. raised its stake in shares of BlackRock MuniVest Fund II by 85.0% during the fourth quarter. Advisors Asset Management Inc. now owns 294,524 shares of the financial services provider’s stock valued at $3,107,000 after purchasing an additional 135,318 shares in the last quarter. Invesco Ltd. lifted its holdings in BlackRock MuniVest Fund II by 12.9% in the fourth quarter. Invesco Ltd. now owns 192,106 shares of the financial services provider’s stock worth $2,027,000 after purchasing an additional 21,978 shares during the period. Finally, Van ECK Associates Corp grew its position in BlackRock MuniVest Fund II by 4.7% in the 4th quarter. Van ECK Associates Corp now owns 175,118 shares of the financial services provider’s stock valued at $1,847,000 after buying an additional 7,866 shares in the last quarter. 34.19% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniVest Fund II Stock Performance

MVT stock opened at $10.13 on Friday. The firm’s 50-day moving average is $10.58 and its two-hundred day moving average is $10.80. BlackRock MuniVest Fund II, Inc. has a 52 week low of $9.80 and a 52 week high of $11.97.

BlackRock MuniVest Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.65 annualized dividend and a yield of 6.40%.

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.