International Assets Investment Management LLC Buys New Stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

International Assets Investment Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) in the 4th quarter, Holdings Channel reports. The institutional investor bought 39,487 shares of the investment management company’s stock, valued at approximately $3,815,000.

Several other institutional investors also recently bought and sold shares of the stock. Guggenheim Capital LLC grew its stake in BlackRock MuniYield Quality Fund II by 13.3% during the first quarter. Guggenheim Capital LLC now owns 369,483 shares of the investment management company’s stock valued at $4,489,000 after acquiring an additional 43,509 shares in the last quarter. Fiera Capital Corp grew its stake in BlackRock MuniYield Quality Fund II by 2.1% during the third quarter. Fiera Capital Corp now owns 352,532 shares of the investment management company’s stock valued at $3,169,000 after acquiring an additional 7,396 shares in the last quarter. Advisors Asset Management Inc. grew its stake in BlackRock MuniYield Quality Fund II by 17.9% during the third quarter. Advisors Asset Management Inc. now owns 304,020 shares of the investment management company’s stock valued at $2,733,000 after acquiring an additional 46,124 shares in the last quarter. Rivernorth Capital Management LLC grew its stake in BlackRock MuniYield Quality Fund II by 48.8% during the first quarter. Rivernorth Capital Management LLC now owns 301,336 shares of the investment management company’s stock valued at $3,661,000 after acquiring an additional 98,849 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in BlackRock MuniYield Quality Fund II by 12.2% during the first quarter. Bank of America Corp DE now owns 300,117 shares of the investment management company’s stock valued at $3,646,000 after acquiring an additional 32,675 shares in the last quarter. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Price Performance

MQT opened at $9.87 on Wednesday. The company has a fifty day moving average of $10.37 and a 200 day moving average of $9.97. BlackRock MuniYield Quality Fund II, Inc. has a fifty-two week low of $8.59 and a fifty-two week high of $10.67.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a $0.049 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 5.96%.

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.