Blackrock Muniholdings Insured Fund II (NYSE:MUE) Share Price Passes Above 200 Day Moving Average of $0.00

Blackrock Muniholdings Insured Fund II (NYSE:MUE)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $12.61. Blackrock Muniholdings Insured Fund II shares last traded at $12.61, with a volume of 400 shares.

The business has a 50 day moving average of $12.44.

The company also recently declared a monthly dividend, which will be paid on Thursday, August 1st. Investors of record on Monday, July 15th will be paid a $0.044 dividend. The ex-dividend date of this dividend is Friday, July 12th. This represents a $0.53 dividend on an annualized basis and a yield of 4.18%.

A number of institutional investors have recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. acquired a new stake in Blackrock Muniholdings Insured Fund II during the fourth quarter worth approximately $231,000. 6 Meridian acquired a new stake in Blackrock Muniholdings Insured Fund II during the first quarter worth approximately $280,000. Millennium Management LLC acquired a new stake in Blackrock Muniholdings Insured Fund II during the fourth quarter worth approximately $318,000. City of London Investment Management Co. Ltd. acquired a new stake in Blackrock Muniholdings Insured Fund II during the first quarter worth approximately $373,000. Finally, Mariner Investment Group LLC acquired a new stake in Blackrock Muniholdings Insured Fund II during the first quarter worth approximately $463,000.

Blackrock Muniholdings Insured Fund II Company Profile (NYSE:MUE)

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.

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