Wells Fargo & Company MN lowered its stake in shares of Blackrock Muniyield Quality Fund II Inc. (NYSE:MQT) by 2.7% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 740,137 shares of the investment management company’s stock after selling 20,748 shares during the period. Wells Fargo & Company MN’s holdings in Blackrock Muniyield Quality Fund II were worth $9,297,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Coastal Investment Advisors Inc. bought a new stake in Blackrock Muniyield Quality Fund II in the second quarter valued at about $157,000. Janney Montgomery Scott LLC bought a new stake in Blackrock Muniyield Quality Fund II in the second quarter valued at about $317,000. City of London Investment Management Co. Ltd. increased its stake in Blackrock Muniyield Quality Fund II by 38.0% in the first quarter. City of London Investment Management Co. Ltd. now owns 40,043 shares of the investment management company’s stock valued at $492,000 after acquiring an additional 11,020 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Blackrock Muniyield Quality Fund II by 11.8% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 48,793 shares of the investment management company’s stock worth $600,000 after buying an additional 5,156 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Blackrock Muniyield Quality Fund II by 74.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 56,610 shares of the investment management company’s stock worth $696,000 after buying an additional 24,121 shares during the last quarter. 26.53% of the stock is owned by institutional investors and hedge funds.

Blackrock Muniyield Quality Fund II stock traded down $0.12 during trading hours on Friday, hitting $12.72. 19,035 shares of the stock were exchanged, compared to its average volume of 38,378. Blackrock Muniyield Quality Fund II Inc. has a 12 month low of $11.13 and a 12 month high of $13.20. The business’s 50-day moving average is $13.00 and its two-hundred day moving average is $12.52.

The company also recently disclosed a — dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th will be paid a dividend of $0.044 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a yield of 4%.

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.

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Institutional Ownership by Quarter for Blackrock Muniyield Quality Fund II (NYSE:MQT)

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