Hennion & Walsh Asset Management Inc. Grows Stock Holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Hennion & Walsh Asset Management Inc. increased its position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 80.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,213 shares of the investment management company’s stock after buying an additional 14,813 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.15% of BlackRock MuniYield Quality Fund II worth $327,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 0.9% in the third quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock valued at $13,540,000 after buying an additional 11,450 shares during the last quarter. Logan Stone Capital LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 247.0% during the second quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company’s stock valued at $1,181,000 after acquiring an additional 81,733 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund II during the third quarter valued at about $5,750,000. Concurrent Investment Advisors LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 15.5% in the third quarter. Concurrent Investment Advisors LLC now owns 40,402 shares of the investment management company’s stock valued at $437,000 after purchasing an additional 5,419 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 3.4% in the third quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company’s stock valued at $428,000 after purchasing an additional 1,300 shares in the last quarter. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of MQT stock opened at $10.13 on Wednesday. BlackRock MuniYield Quality Fund II, Inc. has a fifty-two week low of $9.74 and a fifty-two week high of $11.00. The company has a 50 day moving average price of $10.23 and a 200 day moving average price of $10.45.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a yield of 6.04%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.