BlackRock MuniHoldings Quality Fund II (NYSE:MUE) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.44 and traded as low as $9.90. BlackRock MuniHoldings Quality Fund II shares last traded at $9.93, with a volume of 128,824 shares traded.

BlackRock MuniHoldings Quality Fund II Trading Up 0.8 %

The business has a fifty day moving average price of $10.51 and a 200 day moving average price of $10.44.

BlackRock MuniHoldings Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a dividend of $0.051 per share. The ex-dividend date is Monday, December 16th. This represents a $0.61 dividend on an annualized basis and a yield of 6.11%.

Institutional Investors Weigh In On BlackRock MuniHoldings Quality Fund II

Hedge funds and other institutional investors have recently bought and sold shares of the company. Avior Wealth Management LLC grew its position in BlackRock MuniHoldings Quality Fund II by 32.1% during the 3rd quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock worth $83,000 after acquiring an additional 1,882 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings Quality Fund II during the 2nd quarter valued at about $115,000. Hennion & Walsh Asset Management Inc. bought a new stake in shares of BlackRock MuniHoldings Quality Fund II during the 3rd quarter valued at about $165,000. HighTower Advisors LLC raised its stake in BlackRock MuniHoldings Quality Fund II by 18.4% during the 3rd quarter. HighTower Advisors LLC now owns 16,991 shares of the investment management company’s stock worth $176,000 after buying an additional 2,644 shares during the period. Finally, Rockefeller Capital Management L.P. raised its stake in BlackRock MuniHoldings Quality Fund II by 43.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 33,982 shares of the investment management company’s stock worth $363,000 after buying an additional 10,303 shares during the period.

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.