BlackRock MuniHoldings Quality Fund II (NYSE:MUE) Shares Pass Below 200 Day Moving Average – Time to Sell?

BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.44 and traded as low as $10.04. BlackRock MuniHoldings Quality Fund II shares last traded at $10.12, with a volume of 40,749 shares trading hands.

BlackRock MuniHoldings Quality Fund II Trading Up 0.6 %

The firm has a 50-day moving average price of $10.44 and a 200 day moving average price of $10.44.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.051 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.01%.

Institutional Trading of BlackRock MuniHoldings Quality Fund II

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 2.1% during the second 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 during the last quarter. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings Quality Fund II in the 2nd quarter worth approximately $115,000. Whitebox Advisors LLC purchased a new position in shares of BlackRock MuniHoldings Quality Fund II during the second quarter valued at approximately $972,000. Hennion & Walsh Asset Management Inc. bought a new position in BlackRock MuniHoldings Quality Fund II in the 3rd quarter worth $165,000. Finally, Pathstone Holdings LLC raised its stake in 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 worth $5,073,000 after buying an additional 83,012 shares in 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.