BlackRock MuniHoldings Quality Fund II, Inc. (MUE) to Issue Monthly Dividend of $0.05 on March 2nd

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 6th will be given a dividend of 0.051 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, February 6th.

BlackRock MuniHoldings Quality Fund II Stock Down 0.2%

BlackRock MuniHoldings Quality Fund II stock traded down $0.03 during trading hours on Wednesday, hitting $10.15. The stock had a trading volume of 129,691 shares, compared to its average volume of 50,874. The stock’s 50-day moving average price is $10.03 and its 200-day moving average price is $9.89. BlackRock MuniHoldings Quality Fund II has a 12-month low of $9.26 and a 12-month high of $10.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Advisors Asset Management Inc. grew its position in BlackRock MuniHoldings Quality Fund II by 67.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 277,213 shares of the investment management company’s stock worth $2,656,000 after purchasing an additional 111,564 shares during the period. Atala Financial Inc increased its position in shares of BlackRock MuniHoldings Quality Fund II by 140.3% during the 3rd quarter. Atala Financial Inc now owns 128,568 shares of the investment management company’s stock valued at $1,293,000 after purchasing an additional 75,065 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 8.6% in the third quarter. Pathstone Holdings LLC now owns 894,639 shares of the investment management company’s stock worth $9,000,000 after buying an additional 70,788 shares during the last quarter. Invesco Ltd. grew its position in BlackRock MuniHoldings Quality Fund II by 32.4% during the second quarter. Invesco Ltd. now owns 224,540 shares of the investment management company’s stock valued at $2,151,000 after buying an additional 54,896 shares during the period. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniHoldings Quality Fund II by 9.0% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 355,611 shares of the investment management company’s stock valued at $3,577,000 after buying an additional 29,368 shares during the last quarter.

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.