Leo Wealth LLC Grows Stock Holdings in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Leo Wealth LLC increased its position in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 1.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 202,313 shares of the company’s stock after buying an additional 3,736 shares during the period. Leo Wealth LLC’s holdings in BlackRock Municipal Income Trust II were worth $2,126,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BLE. Pathstone Holdings LLC lifted its holdings in shares of BlackRock Municipal Income Trust II by 20.8% in the third quarter. Pathstone Holdings LLC now owns 974,068 shares of the company’s stock worth $10,968,000 after buying an additional 167,548 shares in the last quarter. Rivernorth Capital Management LLC lifted its stake in BlackRock Municipal Income Trust II by 1.3% in the 3rd quarter. Rivernorth Capital Management LLC now owns 3,732,893 shares of the company’s stock worth $42,032,000 after purchasing an additional 48,807 shares in the last quarter. Horizon Kinetics Asset Management LLC bought a new position in shares of BlackRock Municipal Income Trust II during the 3rd quarter valued at about $167,000. Ackerman Capital Advisors LLC boosted its holdings in shares of BlackRock Municipal Income Trust II by 9.0% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 135,744 shares of the company’s stock valued at $1,528,000 after purchasing an additional 11,153 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new position in shares of BlackRock Municipal Income Trust II during the third quarter valued at about $124,000.

BlackRock Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN BLE opened at $10.82 on Friday. BlackRock Municipal Income Trust II has a 12-month low of $10.30 and a 12-month high of $11.41.

BlackRock Municipal Income Trust II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.054 dividend. This represents a $0.65 annualized dividend and a dividend yield of 5.99%. The ex-dividend date is Friday, February 14th.

About BlackRock Municipal Income Trust II

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.