Advisors Asset Management Inc. Cuts Stock Holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Advisors Asset Management Inc. decreased its stake in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 304,483 shares of the investment management company’s stock after selling 6,455 shares during the period. Advisors Asset Management Inc. owned about 1.35% of BlackRock MuniYield Quality Fund II worth $3,002,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Horizon Kinetics Asset Management LLC boosted its position in shares of BlackRock MuniYield Quality Fund II by 3.4% during the third quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company’s stock valued at $428,000 after buying an additional 1,300 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of BlackRock MuniYield Quality Fund II by 6.5% during the fourth quarter. Concurrent Investment Advisors LLC now owns 43,012 shares of the investment management company’s stock valued at $424,000 after buying an additional 2,610 shares during the last quarter. HighTower Advisors LLC lifted its holdings in BlackRock MuniYield Quality Fund II by 20.3% during the third quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after acquiring an additional 3,131 shares during the period. Freestone Capital Holdings LLC lifted its holdings in BlackRock MuniYield Quality Fund II by 43.0% during the fourth quarter. Freestone Capital Holdings LLC now owns 28,600 shares of the investment management company’s stock worth $282,000 after acquiring an additional 8,600 shares during the period. Finally, Rivernorth Capital Management LLC lifted its holdings in BlackRock MuniYield Quality Fund II by 0.9% during the third quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock worth $13,540,000 after acquiring an additional 11,450 shares during the period. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Trading Up 0.7 %

Shares of BlackRock MuniYield Quality Fund II stock opened at $10.18 on Friday. The business’s fifty day simple moving average is $10.18 and its 200 day simple moving average is $10.37. BlackRock MuniYield Quality Fund II, Inc. has a 12 month low of $9.74 and a 12 month high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a dividend of $0.051 per share. The ex-dividend date is Friday, March 14th. This represents a $0.61 dividend on an annualized basis and a yield of 6.01%.

BlackRock MuniYield Quality Fund II Profile

BlackRock MuniYield 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. It primarily invests in municipal debt bonds exempt from federal income taxes. BlackRock MuniYield Quality Fund II, Inc was formed in September 21, 1992 and is domiciled in United States.