BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 20.3% during the 3rd quarter, Holdings Channel reports. The fund owned 18,522 shares of the investment management company’s stock after acquiring an additional 3,131 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock MuniYield Quality Fund II were worth $194,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MQT. Horizon Kinetics Asset Management LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 3.4% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company’s stock valued at $428,000 after purchasing an additional 1,300 shares during the last quarter. Wolverine Asset Management LLC grew its stake in shares of BlackRock MuniYield Quality Fund II by 24.2% during the third quarter. Wolverine Asset Management LLC now owns 19,188 shares of the investment management company’s stock worth $208,000 after purchasing an additional 3,734 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in BlackRock MuniYield Quality Fund II by 15.5% in the third quarter. Concurrent Investment Advisors LLC now owns 40,402 shares of the investment management company’s stock valued at $437,000 after buying an additional 5,419 shares during the last quarter. HF Advisory Group LLC acquired a new stake in BlackRock MuniYield Quality Fund II in the third quarter valued at $109,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in BlackRock MuniYield Quality Fund II during the 3rd quarter worth about $199,000. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Up 0.4 %

NYSE:MQT opened at $9.92 on Thursday. BlackRock MuniYield Quality Fund II, Inc. has a 1 year low of $9.74 and a 1 year high of $11.00. The stock has a 50-day simple moving average of $10.42 and a 200-day simple moving average of $10.49.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date of this dividend is Monday, December 16th.

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.