BlackRock MuniYield Quality Fund II (NYSE:MQT) Shares Cross Above 50 Day Moving Average of $10.39

Shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10.39 and traded as high as $10.41. BlackRock MuniYield Quality Fund II shares last traded at $10.41, with a volume of 80,396 shares trading hands.

BlackRock MuniYield Quality Fund II Stock Performance

The business’s 50 day moving average is $10.39 and its two-hundred day moving average is $9.90.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 1st. Shareholders of record on Friday, March 15th will be paid a $0.049 dividend. This represents a $0.59 annualized dividend and a yield of 5.59%. The ex-dividend date of this dividend is Thursday, March 14th.

Institutional Trading of BlackRock MuniYield Quality Fund II

Several hedge funds have recently bought and sold shares of MQT. Raymond James & Associates increased its holdings in shares of BlackRock MuniYield Quality Fund II by 17.1% in the 1st quarter. Raymond James & Associates now owns 213,511 shares of the investment management company’s stock worth $2,594,000 after buying an additional 31,235 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of BlackRock MuniYield Quality Fund II by 35.7% in the 1st quarter. Moors & Cabot Inc. now owns 38,000 shares of the investment management company’s stock worth $462,000 after buying an additional 10,000 shares during the last quarter. First Trust Advisors LP grew its holdings in BlackRock MuniYield Quality Fund II by 1.4% during the 1st quarter. First Trust Advisors LP now owns 103,724 shares of the investment management company’s stock valued at $1,260,000 after purchasing an additional 1,397 shares during the last quarter. Worth Asset Management LLC bought a new position in BlackRock MuniYield Quality Fund II during the 1st quarter valued at about $113,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in BlackRock MuniYield Quality Fund II during the 1st quarter valued at about $176,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

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.