Rockefeller Capital Management L.P. Sells 1,775 Shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE)

Rockefeller Capital Management L.P. lowered its stake in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,447 shares of the company’s stock after selling 1,775 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in BlackRock Municipal Income Trust II were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BLE. PFG Investments LLC purchased a new position in shares of BlackRock Municipal Income Trust II in the 2nd quarter valued at approximately $111,000. Arbor Trust Wealth Advisors LLC acquired a new position in BlackRock Municipal Income Trust II during the 2nd quarter valued at approximately $111,000. Private Advisor Group LLC purchased a new position in shares of BlackRock Municipal Income Trust II in the third quarter worth $117,000. Horizon Kinetics Asset Management LLC acquired a new stake in shares of BlackRock Municipal Income Trust II during the third quarter worth $167,000. Finally, Avior Wealth Management LLC grew its holdings in shares of BlackRock Municipal Income Trust II by 18.6% during the third quarter. Avior Wealth Management LLC now owns 17,371 shares of the company’s stock valued at $196,000 after buying an additional 2,729 shares during the last quarter.

BlackRock Municipal Income Trust II Price Performance

BlackRock Municipal Income Trust II stock opened at $11.00 on Wednesday. BlackRock Municipal Income Trust II has a 52 week low of $10.27 and a 52 week high of $11.41.

BlackRock Municipal Income Trust II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.054 per share. This represents a $0.65 annualized dividend and a dividend yield of 5.89%. The ex-dividend date is Monday, December 16th.

BlackRock Municipal Income Trust II Company 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.