Drive Wealth Management LLC Sells 3,000 Shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Drive Wealth Management LLC trimmed its holdings in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 22.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,240 shares of the investment management company’s stock after selling 3,000 shares during the period. Drive Wealth Management LLC’s holdings in BlackRock MuniHoldings Quality Fund II were worth $110,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Hennion & Walsh Asset Management Inc. acquired a new stake in BlackRock MuniHoldings Quality Fund II in the third quarter worth $165,000. Whitebox Advisors LLC acquired a new position in BlackRock MuniHoldings Quality Fund II in the second quarter valued at about $972,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniHoldings Quality Fund II in the second quarter worth about $115,000. Rothschild Investment LLC bought a new position in shares of BlackRock MuniHoldings Quality Fund II during the 2nd quarter valued at about $460,000. Finally, Bank of New York Mellon Corp grew its position 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 purchasing an additional 2,142 shares during the period.

BlackRock MuniHoldings Quality Fund II Stock Up 0.4 %

Shares of MUE opened at $10.49 on Tuesday. BlackRock MuniHoldings Quality Fund II, Inc. has a twelve month low of $9.56 and a twelve month high of $10.87. The firm’s 50 day moving average price is $10.56 and its two-hundred day moving average price is $10.32.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date is Friday, November 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.