Riverbridge Partners LLC Acquires Shares of 40,663 BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Riverbridge Partners LLC bought a new position in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 40,663 shares of the investment management company’s stock, valued at approximately $407,000.

A number of other large investors have also added to or reduced their stakes in MUE. Hennion & Walsh Asset Management Inc. acquired a new position in shares of BlackRock MuniHoldings Quality Fund II in the third quarter valued at $165,000. Pathstone Holdings LLC boosted its holdings in shares of BlackRock MuniHoldings Quality Fund II by 21.2% during the third quarter. Pathstone Holdings LLC now owns 474,531 shares of the investment management company’s stock worth $5,073,000 after acquiring an additional 83,012 shares during the period. Avior Wealth Management LLC grew its position in shares of BlackRock MuniHoldings Quality Fund II by 32.1% in the third quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,882 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of BlackRock MuniHoldings Quality Fund II by 65.3% during the third quarter. Advisors Asset Management Inc. now owns 169,729 shares of the investment management company’s stock worth $1,814,000 after purchasing an additional 67,052 shares during the period. Finally, Horizon Kinetics Asset Management LLC lifted its holdings in BlackRock MuniHoldings Quality Fund II by 1.8% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 61,530 shares of the investment management company’s stock worth $658,000 after purchasing an additional 1,100 shares during the last quarter.

BlackRock MuniHoldings Quality Fund II Stock Down 0.7 %

Shares of NYSE MUE opened at $10.16 on Friday. BlackRock MuniHoldings Quality Fund II, Inc. has a one year low of $9.65 and a one year high of $10.95. The stock’s fifty day moving average price is $10.38 and its two-hundred day moving average price is $10.44.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.