HF Advisory Group LLC Invests $109,000 in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

HF Advisory Group LLC purchased a new stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) in the third quarter, Holdings Channel reports. The firm purchased 10,033 shares of the investment management company’s stock, valued at approximately $109,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Wolverine Asset Management LLC bought a new position in BlackRock MuniYield Quality Fund II during the 2nd quarter worth about $159,000. Hennion & Walsh Asset Management Inc. bought a new position in shares of BlackRock MuniYield Quality Fund II during the third quarter valued at approximately $199,000. Ackerman Capital Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund II during the second quarter valued at approximately $199,000. Concurrent Investment Advisors LLC raised its stake in BlackRock MuniYield Quality Fund II by 28.3% in the first quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company’s stock worth $365,000 after buying an additional 7,647 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in BlackRock MuniYield Quality Fund II during the second quarter worth $517,000. Institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Trading Down 0.1 %

Shares of NYSE:MQT opened at $10.37 on Thursday. BlackRock MuniYield Quality Fund II, Inc. has a 12-month low of $9.11 and a 12-month high of $11.00. The business’s fifty day simple moving average is $10.65 and its 200-day simple moving average is $10.38.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend is Friday, November 15th.

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.