Rothschild Investment LLC Purchases New Holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Market Beat
2024.09.01 11:38
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Rothschild Investment LLC has acquired a new position in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) during Q2, purchasing 50,200 shares valued at approximately $553,000. Other institutional investors have also made adjustments to their positions in the fund, which now has 30.75% institutional ownership. The fund recently announced a monthly dividend of $0.049, with an annualized yield of 5.57%. Shares opened at $7.55, with a yearly range of $6.59 to $7.79.

Rothschild Investment LLC acquired a new position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 50,200 shares of the investment management company's stock, valued at approximately $517,000. Rothschild Investment LLC owned about 0.22% of BlackRock MuniYield Quality Fund II as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Ackerman Capital Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund II during the second quarter worth about $199,000. Raymond James & Associates raised its position in shares of BlackRock MuniYield Quality Fund II by 1.7% during the 2nd quarter. Raymond James & Associates now owns 243,612 shares of the investment management company's stock valued at $2,507,000 after acquiring an additional 4,095 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in BlackRock MuniYield Quality Fund II by 28.3% during the first quarter. Concurrent Investment Advisors LLC now owns 34,684 shares of the investment management company's stock worth $365,000 after purchasing an additional 7,647 shares during the last quarter. Van ECK Associates Corp boosted its holdings in BlackRock MuniYield Quality Fund II by 3.7% in the first quarter. Van ECK Associates Corp now owns 171,670 shares of the investment management company's stock worth $1,804,000 after purchasing an additional 6,131 shares during the period. Finally, Summit Trail Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund II during the first quarter valued at $317,000. 30.75% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund II Price Performance

Shares of NYSE:MQT opened at $10.55 on Friday. The company's fifty day moving average is $10.44 and its two-hundred day moving average is $10.28. BlackRock MuniYield Quality Fund II, Inc. has a 1-year low of $8.59 and a 1-year high of $10.79.

BlackRock MuniYield Quality Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be given a $0.049 dividend. This represents a $0.59 annualized dividend and a yield of 5.57%. The ex-dividend date of this dividend is Thursday, August 15th.

About BlackRock MuniYield Quality Fund II

(Free Report)

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.

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Want to see what other hedge funds are holding MQT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT - Free Report).

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