Fiduciary Financial Services of The Southwest Inc. TX Sells 4,262 Shares of Blackrock Munivest Fund II Inc. (MVT)

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Fiduciary Financial Services of The Southwest Inc. TX decreased its holdings in Blackrock Munivest Fund II Inc. (NYSE:MVT) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,755 shares of the financial services provider’s stock after selling 4,262 shares during the quarter. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Blackrock Munivest Fund II were worth $663,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of Blackrock Munivest Fund II during the 3rd quarter worth about $279,000. Wells Fargo & Company MN increased its position in shares of Blackrock Munivest Fund II by 73.4% during the 3rd quarter. Wells Fargo & Company MN now owns 30,379 shares of the financial services provider’s stock worth $404,000 after purchasing an additional 12,858 shares in the last quarter. Financial & Investment Management Group Ltd. acquired a new stake in shares of Blackrock Munivest Fund II during the 3rd quarter worth about $221,000. Finally, Bank of America Corp DE increased its position in shares of Blackrock Munivest Fund II by 47.7% during the 2nd quarter. Bank of America Corp DE now owns 296,859 shares of the financial services provider’s stock worth $4,159,000 after purchasing an additional 95,891 shares in the last quarter. Institutional investors own 6.92% of the company’s stock.

Shares of Blackrock Munivest Fund II stock traded up $0.06 during mid-day trading on Thursday, reaching $14.21. 3,746 shares of the stock were exchanged, compared to its average volume of 51,688. Blackrock Munivest Fund II Inc. has a fifty-two week low of $12.75 and a fifty-two week high of $15.50.

The company also recently announced a monthly dividend, which will be paid on Friday, February 1st. Investors of record on Tuesday, January 15th will be given a dividend of $0.0635 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.36%. The ex-dividend date is Monday, January 14th.

In other Blackrock Munivest Fund II news, insider Theodore R. Jaeckel, Jr. sold 2,329 shares of the firm’s stock in a transaction dated Friday, December 14th. The shares were sold at an average price of $13.21, for a total value of $30,766.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.00% of the company’s stock.

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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.

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Want to see what other hedge funds are holding MVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Munivest Fund II Inc. (NYSE:MVT).

Institutional Ownership by Quarter for Blackrock Munivest Fund II (NYSE:MVT)

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