Mystic Asset Management Inc. Sells 11,100 Shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Mystic Asset Management Inc. decreased its holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 20.9% in the fourth quarter, according to the company in its most recent 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 period. Mystic Asset Management Inc. owned 0.19% of BlackRock MuniYield Quality Fund II worth $414,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Noble Wealth Management PBC bought a new position in shares of BlackRock MuniYield Quality Fund II in the 4th quarter valued at about $171,000. HighTower Advisors LLC raised its position in BlackRock MuniYield Quality Fund II by 20.3% in the 3rd quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after purchasing an additional 3,131 shares during the period. Ackerman Capital Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund II in the 4th quarter worth about $263,000. Freestone Capital Holdings LLC raised its position in BlackRock MuniYield Quality Fund II by 43.0% in the 4th quarter. Freestone Capital Holdings LLC now owns 28,600 shares of the investment management company’s stock worth $282,000 after purchasing an additional 8,600 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its position in BlackRock MuniYield Quality Fund II by 80.5% in 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 period. Institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Price Performance

BlackRock MuniYield Quality Fund II stock opened at $10.02 on Wednesday. BlackRock MuniYield Quality Fund II, Inc. has a 1-year low of $9.74 and a 1-year high of $11.00. The company’s 50-day moving average is $10.17 and its 200 day moving average is $10.37.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 6.11%. The ex-dividend date of this dividend is Friday, March 14th.

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.