Moors & Cabot Inc. Sells 1,173 Shares of BlackRock MuniVest Fund II, Inc. (NYSE:MVT)

Moors & Cabot Inc. trimmed its holdings in BlackRock MuniVest Fund II, Inc. (NYSE:MVT) by 6.3% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 17,500 shares of the financial services provider’s stock after selling 1,173 shares during the quarter. Moors & Cabot Inc. owned about 0.08% of BlackRock MuniVest Fund II worth $185,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MVT. Scarborough Advisors LLC bought a new stake in BlackRock MuniVest Fund II in the 4th quarter worth about $1,092,000. Pathstone Holdings LLC boosted its position in BlackRock MuniVest Fund II by 20.8% in the third quarter. Pathstone Holdings LLC now owns 520,807 shares of the financial services provider’s stock worth $5,932,000 after purchasing an additional 89,537 shares during the last quarter. Callahan Advisors LLC purchased a new position in BlackRock MuniVest Fund II in the fourth quarter worth about $931,000. Noble Wealth Management PBC purchased a new position in BlackRock MuniVest Fund II in the fourth quarter worth about $731,000. Finally, Advisors Asset Management Inc. boosted its position in BlackRock MuniVest Fund II by 65.3% in the third quarter. Advisors Asset Management Inc. now owns 159,206 shares of the financial services provider’s stock worth $1,813,000 after purchasing an additional 62,895 shares during the last quarter. 34.19% of the stock is currently owned by institutional investors.

BlackRock MuniVest Fund II Price Performance

Shares of NYSE:MVT opened at $10.55 on Monday. The stock’s 50-day simple moving average is $10.77 and its two-hundred day simple moving average is $10.98. BlackRock MuniVest Fund II, Inc. has a 52-week low of $10.33 and a 52-week high of $11.97.

BlackRock MuniVest Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.054 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.65 annualized dividend and a yield of 6.15%.

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.