Element Wealth LLC Sells 9,465 Shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Element Wealth LLC trimmed its position in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 30.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,504 shares of the company’s stock after selling 9,465 shares during the quarter. Element Wealth LLC’s holdings in BlackRock Municipal Income Trust II were worth $226,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Rivernorth Capital Management LLC grew its stake in shares of 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 buying an additional 48,807 shares during the last quarter. Pathstone Holdings LLC grew its stake in shares of BlackRock Municipal Income Trust II by 20.8% in the 3rd 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 during the last quarter. Van ECK Associates Corp grew its stake in shares of BlackRock Municipal Income Trust II by 13.4% in the 4th quarter. Van ECK Associates Corp now owns 394,381 shares of the company’s stock worth $4,145,000 after buying an additional 46,598 shares during the last quarter. Leo Wealth LLC grew its stake in shares of BlackRock Municipal Income Trust II by 1.9% in the 4th quarter. Leo Wealth LLC now owns 202,313 shares of the company’s stock worth $2,126,000 after buying an additional 3,736 shares during the last quarter. Finally, Ackerman Capital Advisors LLC grew its stake in shares of BlackRock Municipal Income Trust II by 9.0% in the 3rd quarter. Ackerman Capital Advisors LLC now owns 135,744 shares of the company’s stock worth $1,528,000 after buying an additional 11,153 shares during the last quarter.

BlackRock Municipal Income Trust II Stock Performance

BlackRock Municipal Income Trust II stock opened at $10.75 on Friday. BlackRock Municipal Income Trust II has a twelve month low of $10.30 and a twelve month high of $11.41.

BlackRock Municipal Income Trust II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a $0.054 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.65 annualized dividend and a dividend yield of 6.03%.

BlackRock Municipal Income Trust II Company Profile

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.