Sit Investment Associates Inc. decreased its holdings in Blackrock Muniholdings Fund II Inc. (NYSE:MUH) by 2.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 323,748 shares of the investment management company’s stock after selling 9,069 shares during the period. Sit Investment Associates Inc.’s holdings in Blackrock Muniholdings Fund II were worth $4,788,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Raymond James Financial Services Advisors Inc. raised its stake in Blackrock Muniholdings Fund II by 6.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 15,139 shares of the investment management company’s stock worth $196,000 after buying an additional 896 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in Blackrock Muniholdings Fund II by 5.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 42,128 shares of the investment management company’s stock worth $546,000 after buying an additional 2,028 shares in the last quarter. Bank of America Corp DE raised its stake in Blackrock Muniholdings Fund II by 24.0% in the fourth quarter. Bank of America Corp DE now owns 25,419 shares of the investment management company’s stock worth $329,000 after buying an additional 4,917 shares in the last quarter. Advisor Group Inc. raised its stake in Blackrock Muniholdings Fund II by 29.3% in the fourth quarter. Advisor Group Inc. now owns 22,344 shares of the investment management company’s stock worth $290,000 after buying an additional 5,068 shares in the last quarter. Finally, Capital Investment Advisors LLC raised its stake in Blackrock Muniholdings Fund II by 88.6% in the first quarter. Capital Investment Advisors LLC now owns 22,140 shares of the investment management company’s stock worth $327,000 after buying an additional 10,400 shares in the last quarter. 9.34% of the stock is owned by institutional investors.

NYSE:MUH traded up $0.04 during trading hours on Friday, reaching $14.86. The company’s stock had a trading volume of 23,327 shares, compared to its average volume of 25,524. Blackrock Muniholdings Fund II Inc. has a 12 month low of $12.52 and a 12 month high of $15.20.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be paid a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Thursday, June 13th.

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Blackrock Muniholdings Fund II Company Profile

BlackRock MuniHoldings 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 on the United States. It primarily invests in investment grade municipal bonds with a maturity of more than ten years at the time of investment.

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

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