Moody National Bank Trust Division Purchases Shares of 11,654 BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Moody National Bank Trust Division purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUEFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 11,654 shares of the investment management company’s stock, valued at approximately $117,000.

Other hedge funds also recently made changes to their positions in the company. Saba Capital Management L.P. grew its stake in shares of BlackRock MuniHoldings Quality Fund II by 246.3% during the 3rd quarter. Saba Capital Management L.P. now owns 557,882 shares of the investment management company’s stock valued at $4,898,000 after acquiring an additional 396,765 shares during the period. Guggenheim Capital LLC grew its stake in shares of BlackRock MuniHoldings Quality Fund II by 179.9% during the 2nd quarter. Guggenheim Capital LLC now owns 307,373 shares of the investment management company’s stock valued at $2,985,000 after acquiring an additional 197,540 shares during the period. Alpine Global Management LLC grew its stake in shares of BlackRock MuniHoldings Quality Fund II by 39.9% during the 3rd quarter. Alpine Global Management LLC now owns 61,174 shares of the investment management company’s stock valued at $537,000 after acquiring an additional 17,438 shares during the period. AQR Arbitrage LLC lifted its holdings in BlackRock MuniHoldings Quality Fund II by 126.8% in the 3rd quarter. AQR Arbitrage LLC now owns 238,071 shares of the investment management company’s stock worth $2,090,000 after purchasing an additional 133,100 shares in the last quarter. Finally, Advisor Partners II LLC purchased a new position in BlackRock MuniHoldings Quality Fund II in the 3rd quarter worth approximately $686,000.

BlackRock MuniHoldings Quality Fund II Price Performance

NYSE MUE opened at $10.12 on Monday. The stock’s 50 day moving average is $9.98 and its 200 day moving average is $9.62. BlackRock MuniHoldings Quality Fund II, Inc. has a 12 month low of $8.53 and a 12 month high of $10.17.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be issued a dividend of $0.045 per share. The ex-dividend date is Thursday, March 14th. This represents a $0.54 annualized dividend and a dividend yield of 5.34%.

About BlackRock MuniHoldings Quality Fund II

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniHoldings Quality Fund II (NYSE:MUE)

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