Advisors Asset Management Inc. Grows Holdings in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Advisors Asset Management Inc. lifted its position in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 65.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 169,729 shares of the investment management company’s stock after buying an additional 67,052 shares during the quarter. Advisors Asset Management Inc.’s holdings in BlackRock MuniHoldings Quality Fund II were worth $1,814,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC boosted its position in BlackRock MuniHoldings Quality Fund II by 32.1% during the third quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,882 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II in the second quarter valued at about $115,000. Hennion & Walsh Asset Management Inc. purchased a new stake in BlackRock MuniHoldings Quality Fund II in the third quarter valued at about $165,000. Ackerman Capital Advisors LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II in the second quarter valued at about $343,000. Finally, Rothschild Investment LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II in the second quarter valued at about $460,000.

BlackRock MuniHoldings Quality Fund II Stock Performance

Shares of NYSE:MUE opened at $10.62 on Monday. BlackRock MuniHoldings Quality Fund II, Inc. has a 52-week low of $9.56 and a 52-week high of $10.87. The business has a 50-day moving average price of $10.55 and a 200-day moving average price of $10.34.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be given a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a yield of 5.76%. The ex-dividend date of this dividend is Friday, November 15th.

BlackRock MuniHoldings Quality Fund II 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.