Wakefield Asset Management LLLP Has $917,000 Stock Holdings in Delaware Investments Minnesota Municipal Income Fund II, Inc. (NYSE:VMM)

Wakefield Asset Management LLLP grew its position in Delaware Investments Minnesota Municipal Income Fund II, Inc. (NYSE:VMM) by 1.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,885 shares of the company’s stock after purchasing an additional 838 shares during the period. Wakefield Asset Management LLLP’s holdings in Delaware Investments Minnesota Municipal Income Fund II were worth $917,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tradition Wealth Management LLC lifted its position in Delaware Investments Minnesota Municipal Income Fund II by 56.1% during the 1st quarter. Tradition Wealth Management LLC now owns 3,356 shares of the company’s stock worth $44,000 after buying an additional 1,206 shares in the last quarter. NEXT Financial Group Inc acquired a new position in Delaware Investments Minnesota Municipal Income Fund II during the 2nd quarter valued at about $157,000. Rivernorth Capital Management LLC acquired a new position in Delaware Investments Minnesota Municipal Income Fund II during the 1st quarter valued at about $269,000. Ameriprise Financial Inc. lifted its position in Delaware Investments Minnesota Municipal Income Fund II by 6.7% during the 1st quarter. Ameriprise Financial Inc. now owns 20,713 shares of the company’s stock valued at $273,000 after purchasing an additional 1,298 shares during the period. Finally, Berger Financial Group Inc increased its stake in shares of Delaware Investments Minnesota Municipal Income Fund II by 3.8% in the 1st quarter. Berger Financial Group Inc now owns 57,117 shares of the company’s stock valued at $753,000 after acquiring an additional 2,100 shares during the last quarter. Institutional investors and hedge funds own 27.44% of the company’s stock.

In other Delaware Investments Minnesota Municipal Income Fund II news, major shareholder Saba Capital Management, L.P. bought 14,396 shares of the stock in a transaction that occurred on Friday, September 10th. The stock was acquired at an average cost of $14.34 per share, with a total value of $206,438.64. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Shares of VMM stock traded down $0.02 on Wednesday, reaching $14.26. The company had a trading volume of 5,043 shares, compared to its average volume of 12,381. The stock’s 50-day simple moving average is $14.24. Delaware Investments Minnesota Municipal Income Fund II, Inc. has a 12 month low of $12.76 and a 12 month high of $14.44.

The business also recently declared a monthly dividend, which will be paid on Friday, September 24th. Stockholders of record on Friday, September 17th will be paid a $0.035 dividend. The ex-dividend date is Thursday, September 16th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 2.95%.

About Delaware Investments Minnesota Municipal Income Fund II

Delaware Investments Minnesota Municipal Income Fund II, Inc is a closed ended fixed income mutual fund launched by Delaware Management Holdings, Inc The fund is managed by Delaware Management Business Trust. It invests in fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, which include airport revenue bonds, city general obligation bonds, continuing care and retirement revenue bonds, corporate backed revenue bonds, escrowed to maturity bonds, higher education revenue bonds, hospital revenue bonds, multifamily housing revenue bonds, municipal lease revenue bonds, parking revenue bonds, political subdivision general obligation bonds, pre-refunded bonds, public power revenue bonds, school district general obligation bonds, single family housing revenue bonds, state general obligation bonds, tax increment and special assessment bonds, territorial general obligation bonds, and territorial revenue bonds.

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Institutional Ownership by Quarter for Delaware Investments Minnesota Municipal Income Fund II (NYSE:VMM)

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