Stratos Wealth Partners LTD. continued to hold its stake in BlackRock Municipal Income Trust II (NYSE:BLE) during the second quarter, Holdings Channel reports. The institutional investor owned 16,892 shares of the company’s stock at the end of the second quarter. Stratos Wealth Partners LTD.’s holdings in BlackRock Municipal Income Trust II were worth $258,000 at the end of the most recent reporting period.
Shares of BlackRock Municipal Income Trust II (NYSE BLE) opened at 15.67 on Friday. BlackRock Municipal Income Trust II has a 52-week low of $13.87 and a 52-week high of $16.57. The firm has a 50-day moving average of $15.50 and a 200 day moving average of $15.08.
The business also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.0735 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date is Friday, August 11th.
About BlackRock Municipal Income Trust II
BlackRock Municipal Income Trust II is a diversified, closed-end management investment company. The Trust’s investment objective is to provide current income exempt from regular federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal bonds exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).
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