BlackRock MuniYield Quality Fund II (NYSE:MQT) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.22 and traded as high as $10.31. BlackRock MuniYield Quality Fund II shares last traded at $10.2950, with a volume of 15,310 shares traded.

BlackRock MuniYield Quality Fund II Stock Up 0.0%

The business’s 50-day moving average is $10.22 and its two-hundred day moving average is $10.09.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 6th were given a dividend of $0.051 per share. The ex-dividend date was Friday, February 6th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

Institutional Trading of BlackRock MuniYield Quality Fund II

A number of large investors have recently made changes to their positions in MQT. Verdence Capital Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund II during the 4th quarter worth approximately $126,000. River Street Advisors LLC acquired a new position in BlackRock MuniYield Quality Fund II during the fourth quarter worth approximately $121,000. Stratos Wealth Partners LTD. lifted its stake in BlackRock MuniYield Quality Fund II by 25.1% in the fourth quarter. Stratos Wealth Partners LTD. now owns 32,571 shares of the investment management company’s stock valued at $327,000 after buying an additional 6,544 shares during the last quarter. Dakota Wealth Management acquired a new stake in shares of BlackRock MuniYield Quality Fund II in the fourth quarter valued at approximately $113,000. Finally, Canal Capital Management LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund II by 50.1% in the fourth quarter. Canal Capital Management LLC now owns 22,297 shares of the investment management company’s stock valued at $224,000 after acquiring an additional 7,442 shares during the period. 30.75% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Company Profile

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.