Sit Investment Associates Inc. Sells 18,791 Shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Sit Investment Associates Inc. lessened its stake in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 8.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 216,404 shares of the investment management company’s stock after selling 18,791 shares during the period. Sit Investment Associates Inc.’s holdings in BlackRock MuniYield Quality Fund II were worth $2,177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Robinson Capital Management LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 11.3% during the 2nd quarter. Robinson Capital Management LLC now owns 456,062 shares of the investment management company’s stock worth $4,593,000 after purchasing an additional 46,383 shares in the last quarter. Fiera Capital Corp lifted its position in BlackRock MuniYield Quality Fund II by 14.8% during the second quarter. Fiera Capital Corp now owns 345,136 shares of the investment management company’s stock worth $3,472,000 after purchasing an additional 44,589 shares during the period. Steward Partners Investment Advisory LLC grew its stake in BlackRock MuniYield Quality Fund II by 62.6% during the first quarter. Steward Partners Investment Advisory LLC now owns 5,753 shares of the investment management company’s stock worth $60,000 after buying an additional 2,214 shares in the last quarter. JPMorgan Chase & Co. bought a new position in BlackRock MuniYield Quality Fund II in the 4th quarter valued at about $51,000. Finally, Van ECK Associates Corp raised its position in shares of BlackRock MuniYield Quality Fund II by 2.7% in the 2nd quarter. Van ECK Associates Corp now owns 152,560 shares of the investment management company’s stock valued at $1,535,000 after buying an additional 3,997 shares in the last quarter. 26.79% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Trading Up 0.7 %

NYSE MQT opened at $9.52 on Thursday. The firm’s 50 day simple moving average is $9.14 and its 200 day simple moving average is $9.69. BlackRock MuniYield Quality Fund II, Inc. has a 1 year low of $8.59 and a 1 year high of $11.01.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a yield of 4.41%. The ex-dividend date is Tuesday, November 14th.

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.