Raymond James Financial Services Advisors Inc. lifted its position in BR-MUNIHLD FD 2 (NYSE:MUH) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,129 shares of the investment management company’s stock after acquiring an additional 94 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in BR-MUNIHLD FD 2 were worth $207,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in MUH. Royal Bank of Canada boosted its holdings in shares of BR-MUNIHLD FD 2 by 28.2% during the second quarter. Royal Bank of Canada now owns 10,530 shares of the investment management company’s stock worth $167,000 after purchasing an additional 2,315 shares during the period. Total Investment Management Inc. boosted its holdings in shares of BR-MUNIHLD FD 2 by 0.7% during the second quarter. Total Investment Management Inc. now owns 27,718 shares of the investment management company’s stock worth $438,000 after purchasing an additional 190 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of BR-MUNIHLD FD 2 by 2.5% during the second quarter. Wells Fargo & Company MN now owns 29,025 shares of the investment management company’s stock worth $458,000 after purchasing an additional 717 shares during the period. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of BR-MUNIHLD FD 2 during the second quarter worth approximately $634,000. 7.54% of the stock is currently owned by institutional investors and hedge funds.
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Shares of BR-MUNIHLD FD 2 (NYSE:MUH) opened at $14.96 on Tuesday. BR-MUNIHLD FD 2 has a fifty-two week low of $14.36 and a fifty-two week high of $16.63.
The business also recently declared a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be issued a dividend of $0.0675 per share. This represents a $0.81 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Tuesday, November 14th.
About BR-MUNIHLD FD 2
BlackRock MuniHoldings Fund II, Inc is a non-diversified and closed-ended management investment company. The Fund’s investment objective is to provide shareholders with current income exempt from federal income taxes. The Fund seeks to invest approximately 80% of its assets in municipal bonds exempt from federal income taxes.
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