Van ECK Associates Corp Sells 5,770 Shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Van ECK Associates Corp reduced its position in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 3.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 175,109 shares of the investment management company’s stock after selling 5,770 shares during the quarter. Van ECK Associates Corp’s holdings in BlackRock MuniHoldings Quality Fund II were worth $1,812,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MUE. Rothschild Investment LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II in the 2nd quarter worth approximately $460,000. Ackerman Capital Advisors LLC bought a new position in shares of BlackRock MuniHoldings Quality Fund II in the second quarter worth $343,000. Bank of New York Mellon Corp increased its holdings in shares of BlackRock MuniHoldings Quality Fund II by 2.1% in the second quarter. Bank of New York Mellon Corp now owns 104,640 shares of the investment management company’s stock worth $1,067,000 after purchasing an additional 2,142 shares during the period. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II in the second quarter worth $115,000. Finally, Hennion & Walsh Asset Management Inc. bought a new stake in BlackRock MuniHoldings Quality Fund II during the third quarter valued at $165,000.

BlackRock MuniHoldings Quality Fund II Stock Performance

BlackRock MuniHoldings Quality Fund II stock opened at $10.51 on Monday. The business has a 50-day simple moving average of $10.56 and a 200 day simple moving average of $10.29. BlackRock MuniHoldings Quality Fund II, Inc. has a 52 week low of $9.23 and a 52 week high of $10.87.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 5.82%. The ex-dividend date is Friday, November 15th.

BlackRock MuniHoldings Quality Fund II Company Profile

BlackRock MuniHoldings Quality Fund II, Inc 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 of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.