10,621 Shares in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC purchased a new stake in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 10,621 shares of the company’s stock, valued at approximately $112,000.

Several other large investors have also recently added to or reduced their stakes in the company. Paradigm Capital Management LLC NV bought a new stake in BlackRock Municipal Income Trust II during the 3rd quarter worth about $113,000. Private Advisor Group LLC acquired a new position in shares of BlackRock Municipal Income Trust II during the third quarter worth approximately $117,000. Benjamin Edwards Inc. bought a new stake in shares of BlackRock Municipal Income Trust II during the third quarter valued at approximately $124,000. Horizon Kinetics Asset Management LLC acquired a new stake in shares of BlackRock Municipal Income Trust II in the third quarter valued at approximately $167,000. Finally, Avior Wealth Management LLC raised its position in BlackRock Municipal Income Trust II by 18.6% in the 3rd quarter. Avior Wealth Management LLC now owns 17,371 shares of the company’s stock worth $196,000 after purchasing an additional 2,729 shares during the last quarter.

BlackRock Municipal Income Trust II Stock Up 0.7 %

Shares of BLE opened at $10.67 on Friday. BlackRock Municipal Income Trust II has a 52 week low of $10.30 and a 52 week high of $11.41.

BlackRock Municipal Income Trust II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.054 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.65 annualized dividend and a yield of 6.07%.

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.