BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its stake in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 47.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,535 shares of the investment management company’s stock after selling 50,098 shares during the quarter. Bank of New York Mellon Corp’s holdings in BlackRock MuniHoldings Quality Fund II were worth $545,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avior Wealth Management LLC increased its stake in shares of BlackRock MuniHoldings Quality Fund II by 16.9% in the 4th quarter. Avior Wealth Management LLC now owns 9,056 shares of the investment management company’s stock worth $91,000 after acquiring an additional 1,306 shares during the last quarter. HighTower Advisors LLC grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 18.4% in the third quarter. HighTower Advisors LLC now owns 16,991 shares of the investment management company’s stock valued at $176,000 after purchasing an additional 2,644 shares during the period. Hennion & Walsh Asset Management Inc. increased its position in BlackRock MuniHoldings Quality Fund II by 80.5% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 27,820 shares of the investment management company’s stock worth $278,000 after purchasing an additional 12,409 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in BlackRock MuniHoldings Quality Fund II by 43.5% during the third quarter. Rockefeller Capital Management L.P. now owns 33,982 shares of the investment management company’s stock worth $363,000 after purchasing an additional 10,303 shares during the period. Finally, Riverbridge Partners LLC purchased a new position in BlackRock MuniHoldings Quality Fund II during the fourth quarter worth about $407,000.

BlackRock MuniHoldings Quality Fund II Price Performance

BlackRock MuniHoldings Quality Fund II stock opened at $9.95 on Friday. The firm has a 50 day simple moving average of $10.25 and a 200-day simple moving average of $10.40. BlackRock MuniHoldings Quality Fund II, Inc. has a 1-year low of $9.65 and a 1-year high of $10.95.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.051 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.61 annualized dividend and a yield of 6.15%.

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.