BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Free Report) by 476.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 191,337 shares of the investment management company's stock after buying an additional 158,124 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.85% of BlackRock MuniYield Quality Fund II worth $1,913,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MQT. Concurrent Investment Advisors LLC lifted its position in BlackRock MuniYield Quality Fund II by 6.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 43,012 shares of the investment management company's stock worth $424,000 after acquiring an additional 2,610 shares during the period. Ameriprise Financial Inc. lifted its position in BlackRock MuniYield Quality Fund II by 9.4% during the 4th quarter. Ameriprise Financial Inc. now owns 34,750 shares of the investment management company's stock worth $343,000 after acquiring an additional 3,000 shares during the period. Elequin Capital LP acquired a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter worth approximately $39,000. HighTower Advisors LLC lifted its position in BlackRock MuniYield Quality Fund II by 22.7% during the 4th quarter. HighTower Advisors LLC now owns 22,718 shares of the investment management company's stock worth $224,000 after acquiring an additional 4,196 shares during the period. Finally, NewEdge Advisors LLC lifted its position in BlackRock MuniYield Quality Fund II by 27.4% during the 4th quarter. NewEdge Advisors LLC now owns 23,236 shares of the investment management company's stock worth $229,000 after acquiring an additional 5,000 shares during the period. Hedge funds and other institutional investors own 30.75% of the company's stock.

BlackRock MuniYield Quality Fund II Stock Down 0.3%

BlackRock MuniYield Quality Fund II stock traded down $0.03 during mid-day trading on Friday, reaching $9.52. 20,752 shares of the company were exchanged, compared to its average volume of 57,453. The firm's 50-day simple moving average is $9.62 and its two-hundred day simple moving average is $10.00. BlackRock MuniYield Quality Fund II, Inc. has a twelve month low of $9.05 and a twelve month high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a $0.051 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.61 annualized dividend and a dividend yield of 6.43%.

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.