Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 95,713 shares of the financial services provider's stock, valued at approximately $1,082,000.
A number of other hedge funds also recently bought and sold shares of the business. First Horizon Corp purchased a new stake in BlackRock MuniYield Quality Fund during the third quarter valued at approximately $34,000. Nomura Holdings Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund in the second quarter valued at $111,000. Wealth Alliance LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund in the third quarter valued at $116,000. Moody National Bank Trust Division purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at $113,000. Finally, Westview Management dba Westview Investment Advisors purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at $121,000. Hedge funds and other institutional investors own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Price Performance
Shares of MQY opened at $11.44 on Wednesday. The company's fifty day simple moving average is $11.40 and its 200-day simple moving average is $11.47. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $10.78 and a twelve month high of $11.94.
BlackRock MuniYield Quality Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.058 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider BlackRock MuniYield Quality Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Quality Fund wasn't on the list.
While BlackRock MuniYield Quality Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
SpaceX has quietly filed to go public later this year. Ahead of what's expected to be the largest IPO of all time, there are seven space stocks that you can buy today that are positioned to benefit from accelerating space commercialization in 2026.
These seven companies are shaping the next phase of the space economy—from launch leaders and satellite networks to data, defense, and in-space infrastructure.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
