Blackrock Muniholdings Insured Fund II (NYSE:MUE) Director Michael J. Castellano acquired 800 shares of the stock in a transaction dated Friday, September 8th. The stock was bought at an average price of $14.16 per share, for a total transaction of $11,328.00. Following the completion of the purchase, the director now owns 800 shares in the company, valued at approximately $11,328. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Blackrock Muniholdings Insured Fund II (MUE) traded up 0.35% during midday trading on Friday, hitting $14.22. The stock had a trading volume of 43,376 shares. Blackrock Muniholdings Insured Fund II has a 1-year low of $12.57 and a 1-year high of $14.93. The company’s 50 day moving average is $14.10 and its 200 day moving average is $13.65.

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be given a dividend of $0.064 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.77 annualized dividend and a yield of 5.40%.

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Several hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. grew its stake in shares of Blackrock Muniholdings Insured Fund II by 1.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 12,644 shares of the investment management company’s stock worth $172,000 after buying an additional 126 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Blackrock Muniholdings Insured Fund II by 3.1% during the second quarter. Royal Bank of Canada now owns 26,892 shares of the investment management company’s stock worth $367,000 after buying an additional 800 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Blackrock Muniholdings Insured Fund II by 12.8% during the second quarter. Van ECK Associates Corp now owns 54,595 shares of the investment management company’s stock worth $744,000 after buying an additional 6,199 shares during the last quarter. Abbot Financial Management Inc. bought a new stake in shares of Blackrock Muniholdings Insured Fund II during the second quarter worth $168,000. Finally, Wells Fargo & Company MN grew its stake in shares of Blackrock Muniholdings Insured Fund II by 2.5% during the second quarter. Wells Fargo & Company MN now owns 84,943 shares of the investment management company’s stock worth $1,158,000 after buying an additional 2,095 shares during the last quarter.

About Blackrock Muniholdings Insured Fund II

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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