Bank of America Corp DE Decreases Position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Bank of America Corp DE lessened its position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 7.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 858,006 shares of the financial services provider's stock after selling 71,890 shares during the period. Bank of America Corp DE owned approximately 1.17% of BlackRock MuniYield Quality Fund worth $9,884,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at $2,558,000. StoneX Group Inc. purchased a new position in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $1,728,000. Jane Street Group LLC bought a new stake in BlackRock MuniYield Quality Fund in the 4th quarter worth about $510,000. Landscape Capital Management L.L.C. bought a new stake in BlackRock MuniYield Quality Fund during the fourth quarter worth $437,000. Finally, Van ECK Associates Corp raised its stake in shares of BlackRock MuniYield Quality Fund by 6.1% during the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider's stock worth $4,954,000 after purchasing an additional 24,874 shares during the period. Institutional investors own 25.51% of the company's stock.

BlackRock MuniYield Quality Fund Price Performance

BlackRock MuniYield Quality Fund stock traded up $0.11 during trading on Tuesday, hitting $11.06. The stock had a trading volume of 114,956 shares, compared to its average volume of 182,487. The stock's 50 day moving average is $11.21 and its two-hundred day moving average is $11.74. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date is Thursday, May 15th.

BlackRock MuniYield Quality Fund Profile

BlackRock MuniYield Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests in long-term municipal obligations the interest on which is exempt from federal income taxes. The fund also invests in short-term securities.