Leo Wealth LLC Buys 3,736 Shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Leo Wealth LLC boosted its stake in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,313 shares of the company’s stock after buying an additional 3,736 shares during the quarter. Leo Wealth LLC’s holdings in BlackRock Municipal Income Trust II were worth $2,126,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BLE. Simon Quick Advisors LLC purchased a new position in shares of BlackRock Municipal Income Trust II during the fourth quarter valued at $112,000. Paradigm Capital Management LLC NV bought a new position in BlackRock Municipal Income Trust II during the 3rd quarter worth about $113,000. Private Advisor Group LLC purchased a new position in BlackRock Municipal Income Trust II during the 3rd quarter valued at about $117,000. Benjamin Edwards Inc. bought a new stake in shares of BlackRock Municipal Income Trust II in the 3rd quarter valued at about $124,000. Finally, Horizon Kinetics Asset Management LLC purchased a new stake in shares of BlackRock Municipal Income Trust II in the 3rd quarter worth approximately $167,000.

BlackRock Municipal Income Trust II Stock Up 0.1 %

NYSEAMERICAN BLE opened at $10.82 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 Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a dividend of $0.054 per share. The ex-dividend date is Friday, February 14th. This represents a $0.65 annualized dividend and a yield of 5.99%.

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.