40,663 Shares in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Bought by Riverbridge Partners LLC

Riverbridge Partners LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 40,663 shares of the investment management company’s stock, valued at approximately $407,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Hennion & Walsh Asset Management Inc. acquired a new position in shares of BlackRock MuniHoldings Quality Fund II in the 3rd quarter valued at approximately $165,000. Pathstone Holdings LLC raised its position in BlackRock MuniHoldings Quality Fund II by 21.2% during the third quarter. Pathstone Holdings LLC now owns 474,531 shares of the investment management company’s stock valued at $5,073,000 after purchasing an additional 83,012 shares in the last quarter. Avior Wealth Management LLC lifted its stake 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 worth $83,000 after purchasing an additional 1,882 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in BlackRock MuniHoldings Quality Fund II by 65.3% during the third quarter. Advisors Asset Management Inc. now owns 169,729 shares of the investment management company’s stock worth $1,814,000 after purchasing an additional 67,052 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC boosted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 1.8% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 61,530 shares of the investment management company’s stock valued at $658,000 after purchasing an additional 1,100 shares in the last quarter.

BlackRock MuniHoldings Quality Fund II Price Performance

BlackRock MuniHoldings Quality Fund II stock opened at $10.16 on Friday. BlackRock MuniHoldings Quality Fund II, Inc. has a 52 week low of $9.65 and a 52 week high of $10.95. The stock has a fifty day moving average of $10.38 and a 200-day moving average of $10.44.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be issued a $0.051 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.02%.

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.