BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Declares Monthly Dividend of $0.05

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) announced a monthly dividend on Friday, November 17th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.049 per share by the investment management company on Friday, March 1st. This represents a $0.59 annualized dividend and a dividend yield of 6.05%. The ex-dividend date is Wednesday, February 14th.

BlackRock MuniYield Quality Fund II Trading Up 0.4 %

NYSE:MQT traded up $0.04 on Friday, hitting $9.72. 68,585 shares of the company’s stock traded hands, compared to its average volume of 46,867. BlackRock MuniYield Quality Fund II has a 1 year low of $8.59 and a 1 year high of $11.01. The firm has a 50-day moving average price of $9.14 and a 200-day moving average price of $9.69.

Institutional Trading of BlackRock MuniYield Quality Fund II

Several institutional investors have recently made changes to their positions in the stock. Guggenheim Capital LLC boosted its stake in shares of BlackRock MuniYield Quality Fund II by 13.3% during the 1st quarter. Guggenheim Capital LLC now owns 369,483 shares of the investment management company’s stock valued at $4,489,000 after buying an additional 43,509 shares during the period. Rivernorth Capital Management LLC increased its stake in shares of BlackRock MuniYield Quality Fund II by 48.8% in the first quarter. Rivernorth Capital Management LLC now owns 301,336 shares of the investment management company’s stock worth $3,661,000 after acquiring an additional 98,849 shares during the last quarter. Bank of America Corp DE increased its stake in shares of BlackRock MuniYield Quality Fund II by 12.2% in the first quarter. Bank of America Corp DE now owns 300,117 shares of the investment management company’s stock worth $3,646,000 after acquiring an additional 32,675 shares during the last quarter. UBS Group AG increased its stake in shares of BlackRock MuniYield Quality Fund II by 13.2% in the first quarter. UBS Group AG now owns 239,522 shares of the investment management company’s stock worth $2,484,000 after acquiring an additional 27,841 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of BlackRock MuniYield Quality Fund II by 17.1% in the first quarter. Raymond James & Associates now owns 213,511 shares of the investment management company’s stock worth $2,594,000 after acquiring an additional 31,235 shares during the last quarter. 26.79% of the stock is currently owned by institutional investors and hedge funds.

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.