Ackerman Capital Advisors LLC Has $114,000 Stock Position in BlackRock MuniYield Quality Fund II, Inc. $MQT

Ackerman Capital Advisors LLC lowered its stake in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 17.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 11,790 shares of the investment management company’s stock after selling 2,556 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in BlackRock MuniYield Quality Fund II were worth $114,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 8.6% during the first quarter. NewEdge Advisors LLC now owns 25,236 shares of the investment management company’s stock worth $252,000 after acquiring an additional 2,000 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of BlackRock MuniYield Quality Fund II by 5.3% during the first quarter. Raymond James Financial Inc. now owns 526,772 shares of the investment management company’s stock worth $5,268,000 after acquiring an additional 26,335 shares in the last quarter. Nuveen LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the first quarter worth about $266,000. Mackay Shields LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 3.5% during the first quarter. Mackay Shields LLC now owns 1,026,805 shares of the investment management company’s stock worth $10,268,000 after acquiring an additional 34,720 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 414.6% during the first quarter. Wolverine Asset Management LLC now owns 48,427 shares of the investment management company’s stock worth $484,000 after acquiring an additional 39,017 shares in the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Price Performance

NYSE:MQT opened at $10.15 on Friday. BlackRock MuniYield Quality Fund II, Inc. has a one year low of $9.05 and a one year high of $10.74. The firm has a 50-day moving average of $9.82 and a 200-day moving average of $9.67.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a $0.051 dividend. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, October 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.