Kennedy Investment Group Sells 10,557 Shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Kennedy Investment Group decreased its position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 17.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,105 shares of the investment management company’s stock after selling 10,557 shares during the quarter. Kennedy Investment Group owned 0.22% of BlackRock MuniYield Quality Fund II worth $494,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MQT. Hennion & Walsh Asset Management Inc. grew its stake in shares of BlackRock MuniYield Quality Fund II by 80.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 33,213 shares of the investment management company’s stock worth $327,000 after buying an additional 14,813 shares in the last quarter. Rivernorth Capital Management LLC raised its stake in shares of BlackRock MuniYield Quality Fund II by 0.9% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock worth $13,540,000 after acquiring an additional 11,450 shares in the last quarter. HighTower Advisors LLC grew its position in BlackRock MuniYield Quality Fund II by 20.3% during the 3rd quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after purchasing an additional 3,131 shares during the last quarter. Horizon Kinetics Asset Management LLC grew its position in BlackRock MuniYield Quality Fund II by 3.4% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company’s stock worth $428,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its holdings in 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 buying an additional 3,734 shares in the last quarter. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Performance

BlackRock MuniYield Quality Fund II stock opened at $10.21 on Wednesday. BlackRock MuniYield Quality Fund II, Inc. has a 12-month low of $9.74 and a 12-month high of $11.00. The company has a 50-day moving average price of $10.20 and a 200 day moving average price of $10.44.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a $0.051 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.61 dividend on an annualized basis and a yield of 5.99%.

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.