Whipplewood Advisors LLC Makes New Investment in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Whipplewood Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 33,698 shares of the investment management company’s stock, valued at approximately $332,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC acquired a new position in shares of BlackRock MuniYield Quality Fund II during the 3rd quarter valued at about $5,750,000. Hennion & Walsh Asset Management Inc. purchased a new position in BlackRock MuniYield Quality Fund II during the third quarter worth about $199,000. HF Advisory Group LLC acquired a new position in BlackRock MuniYield Quality Fund II in the 3rd quarter valued at about $109,000. Concurrent Investment Advisors LLC grew its stake in shares of BlackRock MuniYield Quality Fund II by 15.5% in the 3rd 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 period. Finally, Wolverine Asset Management LLC increased its holdings 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 buying an additional 3,734 shares during the last quarter. 30.75% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Stock Up 0.1 %

MQT stock opened at $10.37 on Thursday. BlackRock MuniYield Quality Fund II, Inc. has a one year low of $9.74 and a one year high of $11.00. The firm’s 50 day moving average price is $10.09 and its 200-day moving average price 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 paid a $0.051 dividend. This represents a $0.61 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend 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.