Invesco Ltd. decreased its position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 31.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,457 shares of the financial services provider's stock after selling 30,538 shares during the period. Invesco Ltd. owned about 0.09% of BlackRock MuniYield Quality Fund worth $754,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in MQY. Van ECK Associates Corp grew its holdings in shares of BlackRock MuniYield Quality Fund by 6.1% in the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider's stock worth $4,954,000 after acquiring an additional 24,874 shares during the period. Raymond James Financial Inc. acquired a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at about $2,558,000. Commonwealth Equity Services LLC raised its position in BlackRock MuniYield Quality Fund by 18.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 111,109 shares of the financial services provider's stock worth $1,280,000 after acquiring an additional 17,470 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at approximately $132,000. Finally, Assetmark Inc. purchased a new position in BlackRock MuniYield Quality Fund during the fourth quarter worth $37,000. 25.51% of the stock is currently owned by institutional investors and hedge funds.
BlackRock MuniYield Quality Fund Trading Up 0.7 %
BlackRock MuniYield Quality Fund stock traded up $0.08 during midday trading on Wednesday, reaching $11.28. 140,914 shares of the company were exchanged, compared to its average volume of 180,640. The firm's 50-day simple moving average is $11.40 and its 200-day simple moving average is $11.88. 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 Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date is Thursday, May 15th.
About BlackRock MuniYield Quality Fund
(
Free Report)
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.
Read More
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
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
