Walleye Capital LLC Makes New $725,000 Investment in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Walleye Capital LLC acquired a new position in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLEGet Rating) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 58,859 shares of the company’s stock, valued at approximately $725,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC boosted its position in shares of BlackRock Municipal Income Trust II by 18.3% in the fourth quarter. Guggenheim Capital LLC now owns 599,786 shares of the company’s stock valued at $9,081,000 after acquiring an additional 92,654 shares during the period. Robinson Capital Management LLC bought a new stake in shares of BlackRock Municipal Income Trust II in the first quarter valued at about $4,295,000. Fiera Capital Corp boosted its position in shares of BlackRock Municipal Income Trust II by 182.1% in the first quarter. Fiera Capital Corp now owns 285,299 shares of the company’s stock valued at $3,515,000 after acquiring an additional 184,174 shares during the period. Van ECK Associates Corp boosted its position in shares of BlackRock Municipal Income Trust II by 9.4% in the first quarter. Van ECK Associates Corp now owns 217,223 shares of the company’s stock valued at $2,676,000 after acquiring an additional 18,726 shares during the period. Finally, Mutual Advisors LLC boosted its position in shares of BlackRock Municipal Income Trust II by 9.4% in the first quarter. Mutual Advisors LLC now owns 155,882 shares of the company’s stock valued at $1,920,000 after acquiring an additional 13,343 shares during the period.

BlackRock Municipal Income Trust II Stock Down 1.1 %

Shares of BlackRock Municipal Income Trust II stock opened at $10.32 on Wednesday. BlackRock Municipal Income Trust II has a 52-week low of $10.31 and a 52-week high of $15.85.

BlackRock Municipal Income Trust II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, October 3rd. Investors of record on Thursday, September 15th will be paid a $0.052 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend is Wednesday, September 14th.

About BlackRock Municipal Income Trust II

(Get Rating)

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.

See Also

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Institutional Ownership by Quarter for BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

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