BlackRock MuniYield Quality Fund II (NYSE:MQT) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.24 and traded as low as $9.42. BlackRock MuniYield Quality Fund II shares last traded at $9.49, with a volume of 100,656 shares changing hands.

BlackRock MuniYield Quality Fund II Stock Up 0.2 %

The company has a 50 day moving average price of $10.04 and a 200-day moving average price of $10.23.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.61 dividend on an annualized basis and a yield of 6.48%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of MQT. Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at about $4,934,000. Hennion & Walsh Asset Management Inc. raised its position in BlackRock MuniYield Quality Fund II by 476.1% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 191,337 shares of the investment management company’s stock worth $1,913,000 after purchasing an additional 158,124 shares during the last quarter. StoneX Group Inc. bought a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter worth about $1,279,000. Guggenheim Capital LLC grew its position in shares of BlackRock MuniYield Quality Fund II by 32.5% during the 4th quarter. Guggenheim Capital LLC now owns 499,159 shares of the investment management company’s stock worth $4,922,000 after buying an additional 122,442 shares during the period. Finally, Whipplewood Advisors LLC acquired a new position in shares of BlackRock MuniYield Quality Fund II in the 4th quarter valued at approximately $332,000. Hedge funds and other 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.