Ackerman Capital Advisors LLC Purchases Shares of 26,721 BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Ackerman Capital Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 26,721 shares of the investment management company’s stock, valued at approximately $263,000. Ackerman Capital Advisors LLC owned approximately 0.12% of BlackRock MuniYield Quality Fund II at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. International Assets Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund II in the third quarter valued at approximately $5,750,000. Van ECK Associates Corp raised its position in BlackRock MuniYield Quality Fund II by 15.0% in the 4th quarter. Van ECK Associates Corp now owns 184,843 shares of the investment management company’s stock valued at $1,823,000 after buying an additional 24,136 shares during the last quarter. Hennion & Walsh Asset Management Inc. purchased a new stake in BlackRock MuniYield Quality Fund II in the 3rd quarter valued at $199,000. Rivernorth Capital Management LLC lifted its stake in BlackRock MuniYield Quality Fund II by 0.9% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,251,418 shares of the investment management company’s stock valued at $13,540,000 after acquiring an additional 11,450 shares in the last quarter. Finally, HF Advisory Group LLC purchased a new position in BlackRock MuniYield Quality Fund II during the 3rd quarter worth $109,000. 30.75% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Trading Up 0.1 %

NYSE MQT opened at $10.36 on Wednesday. The company has a fifty day moving average price of $10.09 and a 200-day moving average price of $10.41. BlackRock MuniYield Quality Fund II, Inc. has a 1 year low of $9.74 and a 1 year high of $11.00.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be given a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Friday, February 14th.

About BlackRock MuniYield Quality Fund II

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.