Private Advisor Group LLC Makes New $108,000 Investment in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Private Advisor Group LLC purchased a new position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 10,464 shares of the investment management company’s stock, valued at approximately $108,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fiera Capital Corp boosted its stake in BlackRock MuniYield Quality Fund II by 2.1% in the 3rd quarter. Fiera Capital Corp now owns 352,532 shares of the investment management company’s stock worth $3,169,000 after purchasing an additional 7,396 shares during the period. Advisors Asset Management Inc. boosted its stake in BlackRock MuniYield Quality Fund II by 17.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 304,020 shares of the investment management company’s stock worth $2,733,000 after purchasing an additional 46,124 shares during the period. UBS Group AG boosted its stake in BlackRock MuniYield Quality Fund II by 1.3% in the 3rd quarter. UBS Group AG now owns 261,338 shares of the investment management company’s stock worth $2,349,000 after purchasing an additional 3,233 shares during the period. AQR Arbitrage LLC boosted its stake in BlackRock MuniYield Quality Fund II by 132.1% in the 3rd quarter. AQR Arbitrage LLC now owns 170,012 shares of the investment management company’s stock worth $1,528,000 after purchasing an additional 96,761 shares during the period. Finally, Van ECK Associates Corp boosted its stake in BlackRock MuniYield Quality Fund II by 12.1% in the 4th quarter. Van ECK Associates Corp now owns 165,539 shares of the investment management company’s stock worth $1,713,000 after purchasing an additional 17,898 shares during the period. 30.75% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund II Trading Up 0.8 %

NYSE MQT opened at $10.05 on Monday. BlackRock MuniYield Quality Fund II, Inc. has a one year low of $8.59 and a one year high of $10.67. The stock has a 50 day moving average price of $10.10 and a 200-day moving average price of $10.18.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.049 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 5.85%.

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.