Wakefield Asset Management LLLP Buys 973 Shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Wakefield Asset Management LLLP increased its position in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 170,026 shares of the company’s stock after acquiring an additional 973 shares during the quarter. Wakefield Asset Management LLLP’s holdings in BlackRock Municipal Income Trust II were worth $1,787,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Park Avenue Securities LLC grew its position in BlackRock Municipal Income Trust II by 5.1% during the fourth quarter. Park Avenue Securities LLC now owns 99,130 shares of the company’s stock worth $1,042,000 after buying an additional 4,807 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of BlackRock Municipal Income Trust II by 20.3% during the 3rd quarter. HighTower Advisors LLC now owns 40,344 shares of the company’s stock valued at $459,000 after acquiring an additional 6,812 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of BlackRock Municipal Income Trust II by 13.4% during the 4th quarter. Van ECK Associates Corp now owns 394,381 shares of the company’s stock valued at $4,145,000 after acquiring an additional 46,598 shares during the last quarter. Private Advisor Group LLC purchased a new position in shares of BlackRock Municipal Income Trust II during the third quarter worth about $117,000. Finally, Benjamin Edwards Inc. bought a new position in shares of BlackRock Municipal Income Trust II in the third quarter worth approximately $124,000.

BlackRock Municipal Income Trust II Price Performance

Shares of BLE opened at $10.75 on Friday. BlackRock Municipal Income Trust II has a 1-year low of $10.30 and a 1-year high of $11.41.

BlackRock Municipal Income Trust II Announces Dividend

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

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.