HighTower Advisors LLC Lowers Stock Holdings in BlackRock MuniYield Quality Fund II, Inc. $MQT

HighTower Advisors LLC trimmed its position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 18.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,619 shares of the investment management company’s stock after selling 4,099 shares during the quarter. HighTower Advisors LLC owned approximately 0.08% of BlackRock MuniYield Quality Fund II worth $186,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MQT. Nuveen LLC bought a new stake in BlackRock MuniYield Quality Fund II during the first quarter valued at approximately $266,000. Wolverine Asset Management LLC lifted its position in BlackRock MuniYield Quality Fund II by 414.6% during the first quarter. Wolverine Asset Management LLC now owns 48,427 shares of the investment management company’s stock valued at $484,000 after purchasing an additional 39,017 shares during the last quarter. Retirement Planning Co of New England Inc. bought a new stake in BlackRock MuniYield Quality Fund II during the first quarter valued at approximately $420,000. Mackay Shields LLC lifted its position in BlackRock MuniYield Quality Fund II by 3.5% during the first quarter. Mackay Shields LLC now owns 1,026,805 shares of the investment management company’s stock valued at $10,268,000 after purchasing an additional 34,720 shares during the last quarter. Finally, Noble Wealth Management PBC lifted its position in BlackRock MuniYield Quality Fund II by 6.9% during the first quarter. Noble Wealth Management PBC now owns 18,592 shares of the investment management company’s stock valued at $186,000 after purchasing an additional 1,200 shares during the last quarter. 30.75% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund II Trading Down 0.1%

Shares of BlackRock MuniYield Quality Fund II stock opened at $9.63 on Friday. BlackRock MuniYield Quality Fund II, Inc. has a 1 year low of $9.05 and a 1 year high of $11.00. The company has a 50 day simple moving average of $9.53 and a two-hundred day simple moving average of $9.70.

BlackRock MuniYield Quality Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be given a dividend of $0.051 per share. The ex-dividend date is Monday, September 15th. This represents a c) annualized dividend and a yield of 6.4%.

About BlackRock MuniYield Quality Fund II

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.