116,159 Shares in BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) Bought by Callahan Advisors LLC

Callahan Advisors LLC purchased a new position in shares of BlackRock Municipal Income Trust II (NYSEAMERICAN:BLE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 116,159 shares of the company’s stock, valued at approximately $1,221,000.

Several other hedge funds have also recently modified their holdings of BLE. Catalina Capital Group LLC lifted its holdings in BlackRock Municipal Income Trust II by 7.3% in the fourth quarter. Catalina Capital Group LLC now owns 25,638 shares of the company’s stock valued at $269,000 after acquiring an additional 1,744 shares during the period. Avior Wealth Management LLC lifted its holdings in BlackRock Municipal Income Trust II by 15.6% in the fourth quarter. Avior Wealth Management LLC now owns 20,077 shares of the company’s stock valued at $211,000 after acquiring an additional 2,706 shares during the period. Leo Wealth LLC lifted its holdings in BlackRock Municipal Income Trust II by 1.9% in the fourth quarter. Leo Wealth LLC now owns 202,313 shares of the company’s stock valued at $2,126,000 after acquiring an additional 3,736 shares during the period. Park Avenue Securities LLC lifted its holdings in BlackRock Municipal Income Trust II by 5.1% in the fourth quarter. Park Avenue Securities LLC now owns 99,130 shares of the company’s stock valued at $1,042,000 after acquiring an additional 4,807 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in BlackRock Municipal Income Trust II by 20.3% in the third quarter. HighTower Advisors LLC now owns 40,344 shares of the company’s stock valued at $459,000 after acquiring an additional 6,812 shares during the period.

BlackRock Municipal Income Trust II Price Performance

BlackRock Municipal Income Trust II stock opened at $10.83 on Tuesday. BlackRock Municipal Income Trust II has a one year low of $10.30 and a one year high of $11.41.

BlackRock Municipal Income Trust II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date of this dividend is Friday, February 14th.

About BlackRock Municipal Income Trust II

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.