BlackRock MuniYield Quality Fund II (NYSE:MQT) Share Price Passes Above 50 Day Moving Average – Time to Sell?

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.01 and traded as high as $10.18. BlackRock MuniYield Quality Fund II shares last traded at $10.1450, with a volume of 51,896 shares trading hands.

BlackRock MuniYield Quality Fund II Stock Down 0.0%

The business’s 50 day simple moving average is $10.01 and its two-hundred day simple moving average is $9.86.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 6th will be paid a dividend of $0.051 per share. The ex-dividend date is Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Elevation Point Wealth Partners LLC bought a new stake in BlackRock MuniYield Quality Fund II during the second quarter worth $59,000. Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth $96,000. Stratos Wealth Partners LTD. bought a new stake in shares of BlackRock MuniYield Quality Fund II in the 2nd quarter worth $110,000. Dakota Wealth Management purchased a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at about $113,000. Finally, Osaic Holdings Inc. lifted its position in shares of BlackRock MuniYield Quality Fund II by 62.4% during the second quarter. Osaic Holdings Inc. now owns 12,727 shares of the investment management company’s stock valued at $123,000 after purchasing an additional 4,891 shares in the last quarter. Institutional investors own 30.75% of the company’s stock.

About BlackRock MuniYield Quality Fund II

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.