Hennion & Walsh Asset Management Inc. Buys 12,409 Shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Hennion & Walsh Asset Management Inc. grew its stake in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 80.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,820 shares of the investment management company’s stock after acquiring an additional 12,409 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniHoldings Quality Fund II were worth $278,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Rivernorth Capital Management LLC lifted its stake in BlackRock MuniHoldings Quality Fund II by 1.4% in the third quarter. Rivernorth Capital Management LLC now owns 2,245,080 shares of the investment management company’s stock valued at $24,000,000 after purchasing an additional 30,224 shares during the last quarter. Pathstone Holdings LLC raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 21.2% in the third quarter. Pathstone Holdings LLC now owns 474,531 shares of the investment management company’s stock valued at $5,073,000 after buying an additional 83,012 shares during the period. Advisors Asset Management Inc. lifted its position in shares of BlackRock MuniHoldings Quality Fund II by 65.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 169,729 shares of the investment management company’s stock valued at $1,814,000 after buying an additional 67,052 shares during the last quarter. Whitebox Advisors LLC grew its stake in shares of BlackRock MuniHoldings Quality Fund II by 6.0% during the 3rd quarter. Whitebox Advisors LLC now owns 101,047 shares of the investment management company’s stock worth $1,080,000 after acquiring an additional 5,757 shares during the period. Finally, Horizon Kinetics Asset Management LLC increased its holdings in BlackRock MuniHoldings Quality Fund II by 1.8% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 61,530 shares of the investment management company’s stock worth $658,000 after acquiring an additional 1,100 shares during the last quarter.

BlackRock MuniHoldings Quality Fund II Stock Performance

Shares of BlackRock MuniHoldings Quality Fund II stock opened at $10.26 on Wednesday. BlackRock MuniHoldings Quality Fund II, Inc. has a 52-week low of $9.65 and a 52-week high of $10.95. The stock’s 50-day simple moving average is $10.39 and its 200 day simple moving average is $10.44.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniHoldings Quality Fund II 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.