Invesco Ltd. raised its stake in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) by 86.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 126,793 shares of the investment management company’s stock after purchasing an additional 58,864 shares during the quarter. Invesco Ltd.’s holdings in BlackRock MuniHoldings Quality Fund II were worth $1,268,000 at the end of the most recent quarter. Several other hedge funds also recently added to or reduced their stakes in the stock. Rivernorth Capital Management LLC raised its position in BlackRock MuniHoldings Quality Fund II by 1.4% in the third quarter. Rivernorth Capital Management LLC now owns 2,245,080 shares of the investment management company’s stock valued at $24,000,000 after purchasing an additional 30,224 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II during the fourth quarter worth about $1,181,000. LPL Financial LLC increased its position in shares of BlackRock MuniHoldings Quality Fund II by 69.0% during the fourth quarter. LPL Financial LLC now owns 114,271 shares of the investment management company’s stock worth $1,143,000 after acquiring an additional 46,663 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of BlackRock MuniHoldings Quality Fund II by 31.4% during the fourth quarter. Wells Fargo & Company MN now owns 84,202 shares of the investment management company’s stock worth $842,000 after acquiring an additional 20,113 shares during the last quarter. Finally, Atala Financial Inc purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II during the fourth quarter worth about $800,000. Shares of NYSE MUE opened at $9.75 on Thursday. BlackRock MuniHoldings Quality Fund II, Inc. has a 1 year low of $9.26 and a 1 year high of $10.95. The stock’s 50-day simple moving average is $9.92 and its 200-day simple moving average is $10.22. The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date is Tuesday, April 15th. 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.

Invesco Ltd. Grows Stake in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Invesco Ltd. increased its stake in BlackRock MuniHoldings Quality Fund II by 86.7% during the fourth quarter, holding 126,793 shares valued at $1.268 million. Other hedge funds, including Rivernorth Capital Management LLC and LPL Financial LLC, also adjusted their positions in the fund. The fund, managed by BlackRock Advisors, is a closed-end fixed income mutual fund focused on U.S. municipal obligations. It recently announced a $0.051 per share dividend with a 6.28% yield.