Northwestern Mutual Wealth Management Co. cut its holdings in Blackrock Muniholdings Insured Fund II (NYSE:MUE) by 19.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,625 shares of the investment management company’s stock after selling 8,067 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.15% of Blackrock Muniholdings Insured Fund II worth $411,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Doliver Capital Advisors LP purchased a new position in shares of Blackrock Muniholdings Insured Fund II in the first quarter valued at $147,000. Goodwin Daniel L grew its holdings in shares of Blackrock Muniholdings Insured Fund II by 43.1% in the second quarter. Goodwin Daniel L now owns 16,597 shares of the investment management company’s stock valued at $203,000 after purchasing an additional 5,000 shares in the last quarter. Private Advisor Group LLC purchased a new position in shares of Blackrock Muniholdings Insured Fund II in the second quarter valued at $261,000. LPL Financial LLC grew its holdings in shares of Blackrock Muniholdings Insured Fund II by 24.5% in the first quarter. LPL Financial LLC now owns 21,548 shares of the investment management company’s stock valued at $264,000 after purchasing an additional 4,240 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of Blackrock Muniholdings Insured Fund II by 53.5% in the first quarter. Oppenheimer & Co. Inc. now owns 26,100 shares of the investment management company’s stock valued at $320,000 after purchasing an additional 9,100 shares in the last quarter.

MUE stock opened at $12.15 on Friday. Blackrock Muniholdings Insured Fund II has a fifty-two week low of $12.03 and a fifty-two week high of $14.33.

The firm also recently announced a monthly dividend, which will be paid on Monday, October 1st. Investors of record on Friday, September 14th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend is Thursday, September 13th.

Blackrock Muniholdings Insured Fund II Profile

BlackRock MuniHoldings Quality Fund II, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with current income exempt from federal income taxes. The Fund seeks to achieve its investment objective by investing primarily in long-term, investment grade municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax).

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

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