Allspring Global Investments Holdings LLC purchased a new position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 242,261 shares of the financial services provider's stock, valued at approximately $2,660,000. Allspring Global Investments Holdings LLC owned approximately 0.16% of BlackRock MuniYield Quality Fund at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC purchased a new position in BlackRock MuniYield Quality Fund during the 4th quarter worth approximately $32,000. Garton & Associates Financial Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund during the 4th quarter worth $32,000. Geneos Wealth Management Inc. purchased a new position in BlackRock MuniYield Quality Fund during the 1st quarter worth $34,000. Fifth Third Bancorp purchased a new position in BlackRock MuniYield Quality Fund during the 1st quarter worth $54,000. Finally, Elyxium Wealth LLC acquired a new position in BlackRock MuniYield Quality Fund in the fourth quarter valued at $69,000. 25.51% of the stock is owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund Trading Down 0.1%
Shares of MQY opened at $11.24 on Friday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $11.94. The firm has a 50-day simple moving average of $11.43 and a 200-day simple moving average of $11.47.
BlackRock MuniYield Quality Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a $0.058 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Tuesday, September 15th.
BlackRock MuniYield Quality Fund Company Profile
(
Free Report)
BlackRock MuniYield Quality Fund NYSE: MQY is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.
As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.
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