International Assets Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 53,178 shares of the investment management company's stock, valued at approximately $5,750,000. International Assets Investment Management LLC owned 0.24% of BlackRock MuniYield Quality Fund II at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Logan Stone Capital LLC grew its position in shares of BlackRock MuniYield Quality Fund II by 247.0% during the 2nd quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company's stock worth $1,181,000 after buying an additional 81,733 shares during the period. Raymond James & Associates raised its holdings in shares of BlackRock MuniYield Quality Fund II by 1.7% during the second quarter. Raymond James & Associates now owns 243,612 shares of the investment management company's stock valued at $2,507,000 after purchasing an additional 4,095 shares during the period. Wolverine Asset Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund II during the 2nd quarter worth about $159,000. Rothschild Investment LLC bought a new position in BlackRock MuniYield Quality Fund II in the second quarter worth approximately $517,000. Finally, Concurrent Investment Advisors LLC grew its stake in BlackRock MuniYield Quality Fund II by 28.3% in the first quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company's stock valued at $365,000 after acquiring an additional 7,647 shares during the period. 30.75% of the stock is currently owned by institutional investors.
BlackRock MuniYield Quality Fund II Stock Down 0.6 %
Shares of BlackRock MuniYield Quality Fund II stock traded down $0.06 during trading hours on Friday, reaching $10.31. The company's stock had a trading volume of 52,802 shares, compared to its average volume of 49,399. The stock's fifty day simple moving average is $10.66 and its two-hundred day simple moving average is $10.37. BlackRock MuniYield Quality Fund II, Inc. has a one year low of $8.91 and a one year high of $11.00.
BlackRock MuniYield Quality Fund II Increases Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be given a dividend of $0.051 per share. This is a boost from BlackRock MuniYield Quality Fund II's previous monthly dividend of $0.05. The ex-dividend date is Tuesday, October 15th. This represents a $0.61 annualized dividend and a dividend yield of 5.94%.
About BlackRock MuniYield Quality Fund II
(
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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