BlackRock MuniHoldings Quality Fund II, Inc. (MUE) to Issue Monthly Dividend of $0.03 on December 1st

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Stockholders of record on Wednesday, November 15th will be paid a dividend of 0.029 per share by the investment management company on Friday, December 1st. This represents a $0.35 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date is Tuesday, November 14th.

BlackRock MuniHoldings Quality Fund II Price Performance

Shares of MUE opened at $9.28 on Friday. BlackRock MuniHoldings Quality Fund II has a 1-year low of $8.53 and a 1-year high of $10.58. The company’s fifty day moving average price is $9.01 and its 200-day moving average price is $9.45.

Institutional Investors Weigh In On BlackRock MuniHoldings Quality Fund II

A number of large investors have recently made changes to their positions in MUE. Advisor Group Holdings Inc. grew its holdings in shares of BlackRock MuniHoldings Quality Fund II by 26.9% during the first quarter. Advisor Group Holdings Inc. now owns 15,327 shares of the investment management company’s stock valued at $185,000 after buying an additional 3,248 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in BlackRock MuniHoldings Quality Fund II by 17.8% in the first quarter. Moors & Cabot Inc. now owns 69,500 shares of the investment management company’s stock valued at $840,000 after purchasing an additional 10,500 shares during the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in BlackRock MuniHoldings Quality Fund II in the first quarter valued at $353,000. Rivernorth Capital Management LLC purchased a new stake in BlackRock MuniHoldings Quality Fund II in the first quarter valued at $135,000. Finally, Guggenheim Capital LLC boosted its holdings in BlackRock MuniHoldings Quality Fund II by 36.4% in the first quarter. Guggenheim Capital LLC now owns 185,490 shares of the investment management company’s stock valued at $2,243,000 after purchasing an additional 49,474 shares during the last quarter.

About BlackRock MuniHoldings Quality Fund II

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.