Raymond James & Associates Has $696,000 Stock Position in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Raymond James & Associates increased its holdings in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 10.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 69,435 shares of the investment management company’s stock after acquiring an additional 6,773 shares during the quarter. Raymond James & Associates’ holdings in BlackRock MuniHoldings Quality Fund II were worth $696,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Moody National Bank Trust Division bought a new stake in shares of BlackRock MuniHoldings Quality Fund II in the fourth quarter worth about $117,000. Sfmg LLC acquired a new position in shares of BlackRock MuniHoldings Quality Fund II in the 3rd quarter valued at approximately $126,000. Landscape Capital Management L.L.C. grew its position in shares of BlackRock MuniHoldings Quality Fund II by 26.4% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 24,946 shares of the investment management company’s stock valued at $219,000 after purchasing an additional 5,217 shares during the period. Alpine Global Management LLC increased its stake in 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 worth $537,000 after purchasing an additional 17,438 shares in the last quarter. Finally, Advisor Partners II LLC acquired a new stake in BlackRock MuniHoldings Quality Fund II during the 3rd quarter worth approximately $686,000.

BlackRock MuniHoldings Quality Fund II Stock Up 0.5 %

Shares of MUE opened at $9.80 on Wednesday. BlackRock MuniHoldings Quality Fund II, Inc. has a twelve month low of $8.53 and a twelve month high of $10.23. The firm’s 50 day moving average price is $9.99 and its two-hundred day moving average price is $9.75.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a $0.045 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.54 annualized dividend and a yield of 5.51%.

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.