Wells Fargo & Company MN lessened its holdings in shares of Blackrock Muniyield Quality Fund II Inc. (NYSE:MQT) by 2.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 owned 3.28% of Blackrock Muniyield Quality Fund II worth $9,297,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Coastal Investment Advisors Inc. acquired a new position in Blackrock Muniyield Quality Fund II in the second quarter worth approximately $157,000. Janney Montgomery Scott LLC purchased a new position in Blackrock Muniyield Quality Fund II during the 2nd quarter worth approximately $317,000. City of London Investment Management Co. Ltd. grew its position in Blackrock Muniyield Quality Fund II by 38.0% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 40,043 shares of the investment management company’s stock worth $492,000 after purchasing an additional 11,020 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Blackrock Muniyield Quality Fund II by 11.8% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 48,793 shares of the investment management company’s stock worth $600,000 after purchasing an additional 5,156 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Blackrock Muniyield Quality Fund II by 74.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 56,610 shares of the investment management company’s stock worth $696,000 after purchasing an additional 24,121 shares in the last quarter. 26.53% of the stock is currently owned by institutional investors.

NYSE MQT traded down $0.12 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 52-week low of $11.13 and a 52-week high of $13.20. The company’s 50-day moving average price is $13.00 and its two-hundred day moving average price 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 given a dividend of $0.044 per share. This represents a yield of 4%. The ex-dividend date of this dividend is Friday, September 13th.

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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