StoneX Group Inc. Acquires New Stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

StoneX Group Inc. bought a new position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 129,766 shares of the investment management company’s stock, valued at approximately $1,279,000.

Other large investors have also modified their holdings of the company. HighTower Advisors LLC boosted its position in BlackRock MuniYield Quality Fund II by 20.3% during the third quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after acquiring an additional 3,131 shares during the last quarter. Rivernorth Capital Management LLC boosted its holdings 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 purchasing an additional 11,450 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of BlackRock MuniYield Quality Fund II by 80.5% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 33,213 shares of the investment management company’s stock worth $327,000 after purchasing an additional 14,813 shares during the last quarter. Van ECK Associates Corp grew its position in shares of BlackRock MuniYield Quality Fund II by 15.0% in the fourth quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company’s stock valued at $1,823,000 after purchasing an additional 24,136 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of BlackRock MuniYield Quality Fund II by 6.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 43,012 shares of the investment management company’s stock valued at $424,000 after purchasing an additional 2,610 shares during the last quarter. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Price Performance

NYSE MQT opened at $10.09 on Wednesday. The stock’s fifty day moving average is $10.19 and its two-hundred day moving average is $10.33. BlackRock MuniYield Quality Fund II, Inc. has a fifty-two week low of $9.74 and a fifty-two week high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were given a dividend of $0.051 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.61 annualized dividend and a dividend yield of 6.07%.

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.