BlackRock MuniYield Quality Fund II (NYSE:MQT) Stock Crosses Above 50-Day Moving Average of $10.39

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.39 and traded as high as $10.41. BlackRock MuniYield Quality Fund II shares last traded at $10.41, with a volume of 80,396 shares.

BlackRock MuniYield Quality Fund II Stock Performance

The company has a 50-day simple moving average of $10.39 and a two-hundred day simple moving average of $9.90.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a dividend of $0.049 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 5.65%.

Institutional Trading of BlackRock MuniYield Quality Fund II

A number of institutional investors have recently modified their holdings of MQT. Comerica Bank bought a new stake in shares of BlackRock MuniYield Quality Fund II during the 3rd quarter valued at $26,000. JPMorgan Chase & Co. bought a new stake in shares of BlackRock MuniYield Quality Fund II during the 4th quarter valued at $51,000. Steward Partners Investment Advisory LLC lifted its position in shares of BlackRock MuniYield Quality Fund II by 62.6% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 5,753 shares of the investment management company’s stock valued at $60,000 after acquiring an additional 2,214 shares during the period. Private Advisor Group LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the 4th quarter valued at $108,000. Finally, Worth Asset Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the 1st quarter valued at $113,000. 30.75% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund II Company 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.