Blackrock Muniholdings Insured Fund II (NYSE:MUE) Stock Crosses Above 200-Day Moving Average of $0.00

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Blackrock Muniholdings Insured Fund II (NYSE:MUE) shares crossed 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 changing hands.

The business’s 50 day moving average is $12.44.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Monday, July 15th will be paid a dividend of $0.044 per share. This represents a $0.53 annualized dividend and a yield of 4.18%. The ex-dividend date is Friday, July 12th.

A number of institutional investors and hedge funds have recently bought and sold shares of MUE. Raymond James Financial Services Advisors Inc. purchased a new stake in Blackrock Muniholdings Insured Fund II during the 4th quarter valued at approximately $231,000. 6 Meridian acquired a new position in Blackrock Muniholdings Insured Fund II during the 1st quarter worth approximately $280,000. Millennium Management LLC acquired a new position in Blackrock Muniholdings Insured Fund II during the 4th quarter worth approximately $318,000. City of London Investment Management Co. Ltd. acquired a new position in Blackrock Muniholdings Insured Fund II during the 1st quarter worth approximately $373,000. Finally, Mariner Investment Group LLC acquired a new position in Blackrock Muniholdings Insured Fund II during the 1st quarter worth approximately $463,000.

About Blackrock Muniholdings Insured Fund II (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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