Citadel Advisors LLC Acquires New Stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Citadel Advisors LLC bought a new position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,201 shares of the investment management company’s stock, valued at approximately $120,000. Citadel Advisors LLC owned about 0.05% of BlackRock MuniYield Quality Fund II as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MQT. Raymond James Financial Inc. bought a new position in shares of BlackRock MuniYield Quality Fund II in the 4th quarter worth approximately $4,934,000. HighTower Advisors LLC increased its holdings in BlackRock MuniYield Quality Fund II by 22.7% during the fourth quarter. HighTower Advisors LLC now owns 22,718 shares of the investment management company’s stock valued at $224,000 after buying an additional 4,196 shares during the last quarter. StoneX Group Inc. purchased a new stake in BlackRock MuniYield Quality Fund II during the fourth quarter valued at approximately $1,279,000. Van ECK Associates Corp raised its position in BlackRock MuniYield Quality Fund II by 15.0% in the fourth quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company’s stock worth $1,823,000 after acquiring an additional 24,136 shares during the period. Finally, Whipplewood Advisors LLC bought a new position in BlackRock MuniYield Quality Fund II in the fourth quarter worth approximately $332,000. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Price Performance

Shares of MQT stock opened at $9.52 on Monday. BlackRock MuniYield Quality Fund II, Inc. has a 1 year low of $9.05 and a 1 year high of $11.00. The firm has a fifty day moving average price of $9.62 and a 200-day moving average price of $9.99.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.61 annualized dividend and a yield of 6.43%.

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.