Mystic Asset Management Inc. Cuts Stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Mystic Asset Management Inc. reduced its position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 20.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,000 shares of the investment management company’s stock after selling 11,100 shares during the quarter. Mystic Asset Management Inc.’s holdings in BlackRock MuniYield Quality Fund II were worth $414,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MQT. Rivernorth Capital Management LLC grew its holdings in shares of BlackRock MuniYield Quality Fund II by 0.9% during 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. Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund II during the fourth quarter valued at $4,934,000. Van ECK Associates Corp boosted its holdings in 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 during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in 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. Finally, Horizon Kinetics Asset Management LLC boosted its holdings in 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 during the last quarter. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Stock Up 0.0 %

NYSE:MQT opened at $10.02 on Wednesday. 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 fifty day moving average is $10.17 and its two-hundred day moving average is $10.37.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a $0.051 dividend. This represents a $0.61 annualized dividend and a yield of 6.11%. The ex-dividend date is Friday, March 14th.

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.