StoneX Group Inc. purchased a new position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 129,766 shares of the investment management company's stock, valued at approximately $1,279,000. StoneX Group Inc. owned about 0.58% of BlackRock MuniYield Quality Fund II at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Noble Wealth Management PBC purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the 4th quarter valued at $171,000. Virtu Financial LLC purchased a new stake in BlackRock MuniYield Quality Fund II during the fourth quarter valued at about $182,000. HighTower Advisors LLC grew its position 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 valued at $194,000 after acquiring an additional 3,131 shares during the period. Ackerman Capital Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund II during the fourth quarter worth about $263,000. Finally, Freestone Capital Holdings LLC raised its holdings in shares of BlackRock MuniYield Quality Fund II by 43.0% in the 4th quarter. Freestone Capital Holdings LLC now owns 28,600 shares of the investment management company's stock worth $282,000 after purchasing an additional 8,600 shares during the period. Hedge funds and other institutional investors own 30.75% of the company's stock.
BlackRock MuniYield Quality Fund II Stock Down 1.4 %
Shares of NYSE:MQT traded down $0.14 during trading on Friday, reaching $9.93. 135,502 shares of the stock were exchanged, compared to its average volume of 56,485. The firm's 50-day moving average price is $10.19 and its 200 day moving average price is $10.32. 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 Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.051 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.61 annualized dividend and a yield of 6.16%.
BlackRock MuniYield Quality Fund II Profile
(
Free Report)
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.
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