Ackerman Capital Advisors LLC Buys Shares of 26,721 BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Ackerman Capital Advisors LLC purchased a new position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 26,721 shares of the investment management company’s stock, valued at approximately $263,000.

Several other large investors also recently modified their holdings of the stock. HF Advisory Group LLC bought a new position in BlackRock MuniYield Quality Fund II during the third quarter valued at $109,000. HighTower Advisors LLC raised its stake in shares of 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 valued at $194,000 after buying an additional 3,131 shares during the period. Hennion & Walsh Asset Management Inc. purchased a new position in shares of BlackRock MuniYield Quality Fund II during the 3rd quarter valued at $199,000. Wolverine Asset Management LLC grew its stake in shares of BlackRock MuniYield Quality Fund II by 24.2% during the 3rd quarter. Wolverine Asset Management LLC now owns 19,188 shares of the investment management company’s stock worth $208,000 after acquiring an additional 3,734 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in BlackRock MuniYield Quality Fund II by 6.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 43,012 shares of the investment management company’s stock worth $424,000 after acquiring an additional 2,610 shares during the last quarter. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Up 0.1 %

NYSE MQT opened at $10.36 on Wednesday. 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. Investors of record on Friday, February 14th will be paid a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date is Friday, February 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.