Fiera Capital Corp Lowers Position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Fiera Capital Corp reduced its stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 7.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 179,576 shares of the investment management company’s stock after selling 15,091 shares during the quarter. Fiera Capital Corp owned approximately 0.80% of BlackRock MuniYield Quality Fund II worth $1,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of MQT. HighTower Advisors LLC raised its position in BlackRock MuniYield Quality Fund II by 22.7% in the 4th quarter. HighTower Advisors LLC now owns 22,718 shares of the investment management company’s stock valued at $224,000 after buying an additional 4,196 shares during the last quarter. StoneX Group Inc. purchased a new stake in BlackRock MuniYield Quality Fund II in the 4th quarter valued at $1,279,000. Wells Fargo & Company MN raised its position in BlackRock MuniYield Quality Fund II by 20.2% in the 4th quarter. Wells Fargo & Company MN now owns 52,178 shares of the investment management company’s stock valued at $514,000 after buying an additional 8,766 shares during the last quarter. Sit Investment Associates Inc. raised its position in BlackRock MuniYield Quality Fund II by 3.7% in the 4th quarter. Sit Investment Associates Inc. now owns 283,593 shares of the investment management company’s stock valued at $2,796,000 after buying an additional 10,000 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in BlackRock MuniYield Quality Fund II in the 4th quarter valued at $4,934,000. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Stock Performance

Shares of NYSE:MQT opened at $9.35 on Thursday. The business has a fifty day moving average price of $9.53 and a two-hundred day moving average price of $9.81. BlackRock MuniYield Quality Fund II, Inc. has a 1 year low of $9.05 and a 1 year high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a $0.051 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.61 dividend on an annualized basis and a yield of 6.55%.

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.