BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 30.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 59,692 shares of the investment management company’s stock after selling 26,119 shares during the quarter. LPL Financial LLC owned about 0.27% of BlackRock MuniYield Quality Fund II worth $589,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of MQT. Noble Wealth Management PBC acquired a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter worth $171,000. Virtu Financial LLC purchased a new stake in BlackRock MuniYield Quality Fund II in the fourth quarter valued at $182,000. HighTower Advisors LLC grew its position in BlackRock MuniYield Quality Fund II by 20.3% during the 3rd quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after purchasing an additional 3,131 shares during the period. Ackerman Capital Advisors LLC purchased a new position in shares of BlackRock MuniYield Quality Fund II during the 4th quarter valued at about $263,000. Finally, Freestone Capital Holdings LLC lifted 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 valued at $282,000 after buying an additional 8,600 shares during the period. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of MQT opened at $9.41 on Thursday. The stock’s 50-day moving average price is $9.94 and its 200-day moving average price is $10.17. BlackRock MuniYield Quality Fund II, Inc. has a 52 week low of $9.05 and a 52 week high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a $0.051 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.61 annualized dividend and a yield of 6.50%.

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.