Morgan Stanley lifted its holdings in Blackrock Muniholdings Insured Fund II (NYSE:MUE) by 14.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 775,281 shares of the investment management company’s stock after purchasing an additional 96,093 shares during the quarter. Morgan Stanley’s holdings in Blackrock Muniholdings Insured Fund II were worth $9,350,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in MUE. LPL Financial LLC purchased a new position in shares of Blackrock Muniholdings Insured Fund II in the 3rd quarter valued at about $123,000. Dorsey & Whitney Trust CO LLC purchased a new stake in Blackrock Muniholdings Insured Fund II during the 3rd quarter worth approximately $419,000. Raymond James & Associates increased its stake in Blackrock Muniholdings Insured Fund II by 81.0% during the 2nd quarter. Raymond James & Associates now owns 40,046 shares of the investment management company’s stock worth $490,000 after buying an additional 17,921 shares in the last quarter. Capital Investment Advisors LLC increased its stake in Blackrock Muniholdings Insured Fund II by 53.2% during the 3rd quarter. Capital Investment Advisors LLC now owns 105,954 shares of the investment management company’s stock worth $1,278,000 after buying an additional 36,807 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Blackrock Muniholdings Insured Fund II by 69.5% during the 3rd quarter. Wells Fargo & Company MN now owns 114,159 shares of the investment management company’s stock worth $1,377,000 after buying an additional 46,804 shares in the last quarter.

NYSE:MUE opened at $12.08 on Monday. Blackrock Muniholdings Insured Fund II has a 12 month low of $11.28 and a 12 month high of $12.97.

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 1st. Shareholders of record on Friday, February 15th will be paid a dividend of $0.049 per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $0.59 annualized dividend and a yield of 4.87%.

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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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