BlackRock MuniYield Quality Fund II (NYSE:MQT) Share Price Crosses Below 200-Day Moving Average – What’s Next?

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.47 and traded as low as $9.90. BlackRock MuniYield Quality Fund II shares last traded at $10.01, with a volume of 51,461 shares trading hands.

BlackRock MuniYield Quality Fund II Price Performance

The company’s fifty day moving average is $10.32 and its 200-day moving average is $10.47.

BlackRock MuniYield Quality Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a $0.051 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.11%.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund II

Institutional investors and hedge funds have recently bought and sold shares of the business. Wolverine Asset Management LLC bought a new stake in BlackRock MuniYield Quality Fund II during the 2nd quarter valued at approximately $159,000. Logan Stone Capital LLC grew its holdings in BlackRock MuniYield Quality Fund II by 247.0% during the 2nd quarter. Logan Stone Capital LLC now owns 114,817 shares of the investment management company’s stock valued at $1,181,000 after buying an additional 81,733 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund II during the third quarter valued at approximately $5,750,000. Hennion & Walsh Asset Management Inc. purchased a new position in shares of BlackRock MuniYield Quality Fund II in the third quarter worth $199,000. Finally, HF Advisory Group LLC bought a new position in shares of BlackRock MuniYield Quality Fund II during the third quarter worth $109,000. 30.75% of the stock is owned by institutional investors.

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.