BlackRock MuniHoldings Quality Fund II (NYSE:MUE) Stock Price Passes Below 200 Day Moving Average – What’s Next?

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.41 and traded as low as $10.13. BlackRock MuniHoldings Quality Fund II shares last traded at $10.20, with a volume of 62,855 shares trading hands.

BlackRock MuniHoldings Quality Fund II Trading Up 0.9 %

The firm has a fifty day moving average of $10.25 and a 200 day moving average of $10.41.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $0.051 per share. The ex-dividend date is Friday, March 14th. This represents a $0.61 annualized dividend and a dividend yield of 6.00%.

Institutional Investors Weigh In On BlackRock MuniHoldings Quality Fund II

A number of hedge funds have recently bought and sold shares of MUE. Pathstone Holdings LLC grew its stake in BlackRock MuniHoldings Quality Fund II by 21.2% during the 3rd 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 grew its stake in BlackRock MuniHoldings Quality Fund II by 32.1% during the 3rd 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. Advisors Asset Management Inc. grew its stake in BlackRock MuniHoldings Quality Fund II by 65.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 169,729 shares of the investment management company’s stock valued at $1,814,000 after purchasing an additional 67,052 shares in the last quarter. Horizon Kinetics Asset Management LLC grew its stake in BlackRock MuniHoldings Quality Fund II by 1.8% during 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. Finally, Rockefeller Capital Management L.P. grew its stake in BlackRock MuniHoldings Quality Fund II by 43.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 33,982 shares of the investment management company’s stock valued at $363,000 after purchasing an additional 10,303 shares in the last quarter.

About BlackRock MuniHoldings Quality Fund II

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.