Concurrent Investment Advisors LLC Buys 2,610 Shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Concurrent Investment Advisors LLC boosted its stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,012 shares of the investment management company’s stock after acquiring an additional 2,610 shares during the period. Concurrent Investment Advisors LLC’s holdings in BlackRock MuniYield Quality Fund II were worth $424,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. raised its position in BlackRock MuniYield Quality Fund II by 80.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 33,213 shares of the investment management company’s stock worth $327,000 after acquiring an additional 14,813 shares during the period. HighTower Advisors LLC raised its position in BlackRock MuniYield Quality Fund II by 20.3% in the third quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after acquiring an additional 3,131 shares during the period. International Assets Investment Management LLC bought a new stake in BlackRock MuniYield Quality Fund II in the third quarter worth about $5,750,000. Van ECK Associates Corp raised its position in BlackRock MuniYield Quality Fund II by 15.0% in the fourth quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company’s stock worth $1,823,000 after acquiring an additional 24,136 shares during the period. Finally, Rivernorth Capital Management LLC raised its position in BlackRock MuniYield Quality Fund II by 0.9% in the third quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock worth $13,540,000 after acquiring an additional 11,450 shares during the period. Institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Up 0.0 %

Shares of MQT stock opened at $10.37 on Tuesday. BlackRock MuniYield Quality Fund II, Inc. has a 52 week low of $9.74 and a 52 week high of $11.00. The firm’s 50-day simple moving average is $10.09 and its two-hundred day simple moving average is $10.41.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a $0.051 dividend. This represents a $0.61 annualized dividend and a dividend yield of 5.90%. The ex-dividend date is Friday, February 14th.

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.