Hollencrest Capital Management Sells 2,210 Shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Hollencrest Capital Management reduced its holdings in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 22.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 7,420 shares of the investment management company’s stock after selling 2,210 shares during the period. Hollencrest Capital Management’s holdings in BlackRock MuniYield Quality Fund II were worth $73,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Hennion & Walsh Asset Management Inc. lifted its position in shares of BlackRock MuniYield Quality Fund II by 80.5% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 33,213 shares of the investment management company’s stock worth $327,000 after purchasing an additional 14,813 shares during the last quarter. HighTower Advisors LLC increased its stake in BlackRock MuniYield Quality Fund II by 20.3% in the 3rd quarter. HighTower Advisors LLC now owns 18,522 shares of the investment management company’s stock worth $194,000 after buying an additional 3,131 shares during the period. Van ECK Associates Corp lifted its holdings in BlackRock MuniYield Quality Fund II by 15.0% during 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 in the last quarter. Whipplewood Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund II during the 4th quarter valued at about $332,000. Finally, Ackerman Capital Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund II in the 4th quarter valued at about $263,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Stock Down 0.3 %

Shares of NYSE:MQT opened at $10.17 on Thursday. The firm’s 50 day simple moving average is $10.17 and its 200-day simple moving average is $10.39. BlackRock MuniYield Quality Fund II, Inc. has a one year low of $9.74 and a one 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 Tuesday, April 1st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.051 per share. The ex-dividend date is Friday, March 14th. This represents a $0.61 annualized dividend and a yield of 6.02%.

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.