Landscape Capital Management L.L.C. Has $113,000 Position in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Landscape Capital Management L.L.C. lessened its holdings in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 78.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 10,007 shares of the company’s stock after selling 37,383 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in BlackRock Municipal Income Trust II were worth $113,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Pathstone Holdings LLC grew its position 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 purchasing an additional 167,548 shares during the last quarter. Rothschild Investment LLC bought a new position in BlackRock Municipal Income Trust II during the second quarter valued at about $827,000. Catalina Capital Group LLC acquired a new position in BlackRock Municipal Income Trust II in the 2nd quarter valued at approximately $255,000. Ackerman Capital Advisors LLC lifted its position in shares of BlackRock Municipal Income Trust II by 18.1% in the 2nd quarter. Ackerman Capital Advisors LLC now owns 124,591 shares of the company’s stock worth $1,347,000 after acquiring an additional 19,108 shares during the period. Finally, Leo Wealth LLC lifted its position in shares of BlackRock Municipal Income Trust II by 10.6% in the 3rd quarter. Leo Wealth LLC now owns 198,577 shares of the company’s stock worth $2,236,000 after acquiring an additional 19,082 shares during the period.

BlackRock Municipal Income Trust II Price Performance

BLE opened at $10.84 on Tuesday. BlackRock Municipal Income Trust II has a 1 year low of $10.04 and a 1 year high of $11.41.

BlackRock Municipal Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a $0.054 dividend. This represents a $0.65 annualized dividend and a yield of 5.98%. The ex-dividend date of this dividend is Friday, November 15th.

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.