BlackRock MuniYield Quality Fund II (NYSE:MQT) Stock Price Crosses Below Two Hundred Day Moving Average of $10.00

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.00 and traded as low as $9.74. BlackRock MuniYield Quality Fund II shares last traded at $9.77, with a volume of 55,715 shares changing hands.

BlackRock MuniYield Quality Fund II Stock Performance

The firm has a 50 day moving average price of $10.28 and a two-hundred day moving average price of $10.01.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be given a dividend of $0.049 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.59 annualized dividend and a dividend yield of 6.00%.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

Several large investors have recently modified their holdings of MQT. Summit Trail Advisors LLC bought a new position in BlackRock MuniYield Quality Fund II in the first quarter worth about $317,000. Robinson Capital Management LLC raised its holdings in shares of BlackRock MuniYield Quality Fund II by 17.2% during the fourth quarter. Robinson Capital Management LLC now owns 515,250 shares of the investment management company’s stock valued at $5,348,000 after buying an additional 75,579 shares during the last quarter. Fiera Capital Corp raised its holdings in shares of BlackRock MuniYield Quality Fund II by 6.9% during the fourth quarter. Fiera Capital Corp now owns 376,683 shares of the investment management company’s stock valued at $3,899,000 after buying an additional 24,151 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the fourth quarter valued at approximately $108,000. Finally, Van ECK Associates Corp raised its holdings in shares of BlackRock MuniYield Quality Fund II by 12.1% during the fourth quarter. Van ECK Associates Corp now owns 165,539 shares of the investment management company’s stock valued at $1,713,000 after buying an additional 17,898 shares during the last quarter. Institutional investors own 30.75% of the company’s stock.

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.