Marquette Asset Management LLC Invests $79,000 in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Marquette Asset Management LLC purchased a new stake in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLEGet Rating) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,143 shares of the company’s stock, valued at approximately $79,000.

Several other institutional investors have also bought and sold shares of the stock. PFG Advisors bought a new stake in shares of BlackRock Municipal Income Trust II during the second quarter worth $124,000. Walleye Capital LLC acquired a new position in BlackRock Municipal Income Trust II in the first quarter valued at about $725,000. Fortitude Advisory Group L.L.C. grew its stake in BlackRock Municipal Income Trust II by 2.5% in the first quarter. Fortitude Advisory Group L.L.C. now owns 44,563 shares of the company’s stock valued at $549,000 after acquiring an additional 1,088 shares during the period. Robinson Capital Management LLC acquired a new position in BlackRock Municipal Income Trust II in the first quarter valued at about $4,295,000. Finally, Rivernorth Capital Management LLC acquired a new position in BlackRock Municipal Income Trust II in the first quarter valued at about $1,037,000.

BlackRock Municipal Income Trust II Price Performance

NYSEAMERICAN:BLE traded down $0.15 on Friday, reaching $10.12. The company’s stock had a trading volume of 150,121 shares, compared to its average volume of 147,527. BlackRock Municipal Income Trust II has a 1-year low of $10.10 and a 1-year high of $15.85.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Thursday, September 15th will be paid a $0.052 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $0.62 dividend on an annualized basis and a yield of 6.17%.

BlackRock Municipal Income Trust II Company Profile

(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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