BlackRock MuniYield Quality Fund, Inc. $MQY Shares Sold by Cura Wealth Advisors LLC

Key Points

• Cura Wealth Advisors LLC trimmed its stake in BlackRock MuniYield Quality Fund (NYSE:MQY) by 25.1% in Q4, selling 91,000 shares and retaining 271,000 shares valued at about $3.06M (roughly 1.2% of the firm's holdings and its 16th largest position).
• The fund announced a $0.058 monthly dividend payable July 1 to shareholders of record on June 15, representing an annualized yield of 6.1%.
• MQY recently traded around $11.49, with a 12‑month range of $10.61–$11.94 and 50‑/200‑day moving averages near $11.47 and $11.49 respectively.

Cura Wealth Advisors LLC reduced its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 25.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 271,000 shares of the financial services provider's stock after selling 91,000 shares during the period. BlackRock MuniYield Quality Fund accounts for approximately 1.2% of Cura Wealth Advisors LLC's holdings, making the stock its 16th biggest position. Cura Wealth Advisors LLC's holdings in BlackRock MuniYield Quality Fund were worth $3,062,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. First Horizon Corp acquired a new stake in shares of BlackRock MuniYield Quality Fund in the 3rd quarter worth approximately $34,000. Anchor Investment Management LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 19.2% in the 2nd quarter. Anchor Investment Management LLC now owns 7,131 shares of the financial services provider's stock worth $79,000 after acquiring an additional 1,150 shares during the period. Nomura Holdings Inc. acquired a new stake in BlackRock MuniYield Quality Fund during the second quarter valued at approximately $111,000. Moody National Bank Trust Division acquired a new stake in BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $113,000. Finally, Wealth Alliance LLC acquired a new stake in BlackRock MuniYield Quality Fund during the third quarter valued at approximately $116,000. 25.51% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Price Performance

MQY stock opened at $11.49 on Tuesday. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $10.61 and a 12 month high of $11.94. The firm has a 50 day simple moving average of $11.47 and a 200 day simple moving average of $11.49.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.058 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

BlackRock MuniYield Quality Fund Profile

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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