Wolverine Asset Management LLC Lowers Holdings in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Wolverine Asset Management LLC lessened its stake in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 36.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,471 shares of the company’s stock after selling 2,608 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Municipal Income Trust II were worth $47,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Rivernorth Capital Management LLC raised its position 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 purchasing an additional 48,807 shares during the last quarter. Pathstone Holdings LLC increased its holdings in 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 in the last quarter. Van ECK Associates Corp increased its holdings in 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 in the last quarter. Leo Wealth LLC increased its holdings in 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 in the last quarter. Finally, Callahan Advisors LLC bought a new stake in BlackRock Municipal Income Trust II in the 4th quarter worth about $1,221,000.

BlackRock Municipal Income Trust II Stock Performance

NYSEAMERICAN BLE opened at $10.70 on Tuesday. BlackRock Municipal Income Trust II has a one year low of $10.30 and a one year high of $11.41.

BlackRock Municipal Income Trust II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.054 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.65 annualized dividend and a yield of 6.06%.

BlackRock Municipal Income Trust II 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.