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BlackRock MuniYield Quality Fund II (NYSE:MQT) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

BlackRock MuniYield Quality Fund II logo with Finance background

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Get Free Report)'s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $10.16 and traded as high as $10.26. BlackRock MuniYield Quality Fund II shares last traded at $10.23, with a volume of 56,926 shares.

BlackRock MuniYield Quality Fund II Trading Up 0.7 %

The company has a 50 day moving average price of $10.12 and a 200 day moving average price of $10.43.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 6.01%. The ex-dividend date of this dividend is Friday, February 14th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MQT. HF Advisory Group LLC purchased a new position in BlackRock MuniYield Quality Fund II in the third quarter worth $109,000. Noble Wealth Management PBC purchased a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth $171,000. Virtu Financial LLC purchased a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth $182,000. HighTower Advisors LLC raised its position in BlackRock MuniYield Quality Fund II by 20.3% in 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 in the last quarter. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in BlackRock MuniYield Quality Fund II in the third quarter worth $199,000. Hedge funds and other institutional investors own 30.75% of the company's stock.

BlackRock MuniYield Quality Fund II Company Profile

(Get 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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