Van ECK Associates Corp Sells 9,495 Shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Van ECK Associates Corp decreased its stake in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 5.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,879 shares of the investment management company’s stock after selling 9,495 shares during the quarter. Van ECK Associates Corp’s holdings in BlackRock MuniHoldings Quality Fund II were worth $1,845,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MUE. Bank of New York Mellon Corp grew its stake in BlackRock MuniHoldings Quality Fund II by 2.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 104,640 shares of the investment management company’s stock worth $1,067,000 after acquiring an additional 2,142 shares in the last quarter. Summit Trail Advisors LLC purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II in the fourth quarter valued at approximately $124,000. Ackerman Capital Advisors LLC bought a new position in BlackRock MuniHoldings Quality Fund II in the second quarter worth approximately $343,000. Rothschild Investment LLC purchased a new position in BlackRock MuniHoldings Quality Fund II during the 2nd quarter worth $460,000. Finally, Robinson Capital Management LLC raised its position in BlackRock MuniHoldings Quality Fund II by 65.4% during the 1st quarter. Robinson Capital Management LLC now owns 224,617 shares of the investment management company’s stock valued at $2,197,000 after purchasing an additional 88,804 shares in the last quarter.

BlackRock MuniHoldings Quality Fund II Stock Performance

Shares of MUE stock opened at $10.51 on Friday. BlackRock MuniHoldings Quality Fund II, Inc. has a twelve month low of $8.53 and a twelve month high of $10.67. The stock has a fifty day simple moving average of $10.35 and a two-hundred day simple moving average of $10.11.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 16th will be paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date is Monday, September 16th.

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.