Blackrock Muniholdings Insured Fund II (NYSE:MUE) Shares Bought by Robinson Capital Management LLC

Robinson Capital Management LLC grew its stake in shares of Blackrock Muniholdings Insured Fund II (NYSE:MUE) by 31.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 519,902 shares of the investment management company’s stock after acquiring an additional 124,296 shares during the period. Blackrock Muniholdings Insured Fund II comprises approximately 2.3% of Robinson Capital Management LLC’s holdings, making the stock its 17th biggest position. Robinson Capital Management LLC’s holdings in Blackrock Muniholdings Insured Fund II were worth $6,556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the company. Fiera Capital Corp lifted its position in shares of Blackrock Muniholdings Insured Fund II by 2.6% in the 4th quarter. Fiera Capital Corp now owns 170,186 shares of the investment management company’s stock worth $2,146,000 after buying an additional 4,308 shares during the last quarter. Rivernorth Capital Management LLC bought a new stake in Blackrock Muniholdings Insured Fund II in the 3rd quarter valued at about $1,543,000. Bank of America Corp DE lifted its position in Blackrock Muniholdings Insured Fund II by 7.1% in the 2nd quarter. Bank of America Corp DE now owns 88,375 shares of the investment management company’s stock valued at $1,112,000 after purchasing an additional 5,892 shares during the last quarter. Royal Bank of Canada lifted its position in Blackrock Muniholdings Insured Fund II by 21.4% in the 2nd quarter. Royal Bank of Canada now owns 35,647 shares of the investment management company’s stock valued at $448,000 after purchasing an additional 6,286 shares during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in Blackrock Muniholdings Insured Fund II in the 3rd quarter valued at about $28,000.

NYSE:MUE traded down $0.01 during mid-day trading on Friday, hitting $13.02. The stock had a trading volume of 55,311 shares, compared to its average volume of 46,953. The company has a 50 day simple moving average of $12.88 and a 200-day simple moving average of $12.74. Blackrock Muniholdings Insured Fund II has a 52 week low of $12.00 and a 52 week high of $13.07.

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 14th will be given a $0.044 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.53 annualized dividend and a yield of 4.06%.

Blackrock Muniholdings Insured Fund II Profile

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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Institutional Ownership by Quarter for Blackrock Muniholdings Insured Fund II (NYSE:MUE)

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