Advisors Asset Management Inc. Has $3.87 Million Stake in BlackRock MuniHoldings Quality Fund II, Inc. $MUE

Advisors Asset Management Inc. raised its stake in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 38.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 384,339 shares of the investment management company’s stock after purchasing an additional 107,126 shares during the quarter. Advisors Asset Management Inc.’s holdings in BlackRock MuniHoldings Quality Fund II were worth $3,866,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Riverbridge Partners LLC increased its stake in BlackRock MuniHoldings Quality Fund II by 3.5% during the third quarter. Riverbridge Partners LLC now owns 47,499 shares of the investment management company’s stock valued at $478,000 after acquiring an additional 1,612 shares during the period. Rockefeller Capital Management L.P. lifted its position in shares of BlackRock MuniHoldings Quality Fund II by 8.3% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 37,570 shares of the investment management company’s stock worth $360,000 after acquiring an additional 2,890 shares during the period. Wolverine Asset Management LLC grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 87.2% during the 2nd quarter. Wolverine Asset Management LLC now owns 8,268 shares of the investment management company’s stock worth $79,000 after purchasing an additional 3,851 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of BlackRock MuniHoldings Quality Fund II by 113.4% during the second quarter. Osaic Holdings Inc. now owns 9,941 shares of the investment management company’s stock valued at $95,000 after purchasing an additional 5,283 shares during the period. Finally, Allworth Financial LP bought a new stake in shares of BlackRock MuniHoldings Quality Fund II during the second quarter valued at approximately $67,000.

BlackRock MuniHoldings Quality Fund II Stock Down 0.7%

Shares of MUE stock opened at $10.07 on Friday. BlackRock MuniHoldings Quality Fund II, Inc. has a one year low of $9.26 and a one year high of $10.48. The stock has a fifty day moving average price of $10.04 and a 200 day moving average price of $9.93.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 6th will be issued a dividend of $0.051 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Friday, February 6th.

About BlackRock MuniHoldings Quality Fund II

BlackRock MuniHoldings Quality Fund II (NYSE:MUE) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income taxes. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including general obligation bonds, revenue bonds and insured or prerefunded issues. By focusing on quality issuers, the fund aims to balance income generation with a degree of credit preservation within the tax-free municipal bond market.

The fund’s portfolio typically comprises securities issued by state and local governments across the United States, enabling exposure to a broad range of tax-exempt muni credits.