BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) Shares Sold by Ackerman Capital Advisors LLC

Ackerman Capital Advisors LLC decreased its holdings in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 19.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,925 shares of the investment management company’s stock after selling 6,672 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in BlackRock MuniHoldings Quality Fund II were worth $288,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Rothschild Investment LLC acquired a new position in shares of BlackRock MuniHoldings Quality Fund II in the 2nd quarter worth $460,000. Van ECK Associates Corp raised its holdings in BlackRock MuniHoldings Quality Fund II by 15.8% during the first quarter. Van ECK Associates Corp now owns 190,374 shares of the investment management company’s stock valued at $1,938,000 after buying an additional 26,002 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 2.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 104,640 shares of the investment management company’s stock valued at $1,067,000 after acquiring an additional 2,142 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniHoldings Quality Fund II in the second quarter worth $115,000. Finally, Whitebox Advisors LLC acquired a new position in BlackRock MuniHoldings Quality Fund II during the 2nd quarter worth $972,000.

BlackRock MuniHoldings Quality Fund II Trading Up 0.7 %

Shares of MUE stock opened at $10.33 on Friday. BlackRock MuniHoldings Quality Fund II, Inc. has a 12 month low of $8.55 and a 12 month high of $10.87. The stock has a 50 day moving average of $10.58 and a 200-day moving average of $10.25.

BlackRock MuniHoldings Quality Fund II Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.051 per share. This is a positive change from BlackRock MuniHoldings Quality Fund II’s previous monthly dividend of $0.05. This represents a $0.61 annualized dividend and a dividend yield of 5.92%. The ex-dividend date of this dividend is Tuesday, October 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.