Rivernorth Capital Management LLC Boosts Holdings in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT)

Rivernorth Capital Management LLC grew its position in shares of BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,251,418 shares of the investment management company’s stock after purchasing an additional 11,450 shares during the quarter. Rivernorth Capital Management LLC owned approximately 0.06% of BlackRock MuniYield Quality Fund II worth $13,540,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC grew 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 valued at $194,000 after acquiring an additional 3,131 shares during the period. Horizon Kinetics Asset Management LLC grew its position in shares of BlackRock MuniYield Quality Fund II by 3.4% in the third quarter. Horizon Kinetics Asset Management LLC now owns 39,579 shares of the investment management company’s stock valued at $428,000 after purchasing an additional 1,300 shares during the period. Wolverine Asset Management LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 24.2% during the 3rd quarter. Wolverine Asset Management LLC now owns 19,188 shares of the investment management company’s stock worth $208,000 after purchasing an additional 3,734 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of BlackRock MuniYield Quality Fund II by 15.5% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 40,402 shares of the investment management company’s stock worth $437,000 after purchasing an additional 5,419 shares during the last quarter. Finally, HF Advisory Group LLC purchased a new position in shares of BlackRock MuniYield Quality Fund II in the third quarter valued at approximately $109,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

BlackRock MuniYield Quality Fund II Price Performance

NYSE:MQT opened at $10.55 on Friday. The company’s 50-day moving average price is $10.50 and its 200-day moving average price is $10.47. BlackRock MuniYield Quality Fund II, Inc. has a twelve month low of $9.74 and a twelve month high of $11.00.

BlackRock MuniYield Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.051 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.61 annualized dividend and a yield of 5.80%.

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.