Raymond James Financial Inc. Increases Stake in BlackRock MuniYield Quality Fund II, Inc. $MQT

Raymond James Financial Inc. increased its holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 5.3% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 526,772 shares of the investment management company’s stock after purchasing an additional 26,335 shares during the period. Raymond James Financial Inc. owned approximately 2.34% of BlackRock MuniYield Quality Fund II worth $5,268,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Elequin Capital LP purchased a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter valued at $39,000. Citadel Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter valued at $120,000. Capital Investment Advisors LLC boosted its position in BlackRock MuniYield Quality Fund II by 8.2% during the 1st quarter. Capital Investment Advisors LLC now owns 15,770 shares of the investment management company’s stock valued at $158,000 after buying an additional 1,200 shares during the period. Noble Wealth Management PBC lifted its position in shares of BlackRock MuniYield Quality Fund II by 6.9% in the 1st quarter. Noble Wealth Management PBC now owns 18,592 shares of the investment management company’s stock worth $186,000 after purchasing an additional 1,200 shares during the period. Finally, Nomura Holdings Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the 4th quarter worth about $203,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Down 0.1%

NYSE:MQT opened at $9.63 on Friday. The company has a 50-day moving average price of $9.53 and a 200-day moving average price of $9.70. BlackRock MuniYield Quality Fund II, Inc. has a 12 month low of $9.05 and a 12 month high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

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

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.