Invesco Ltd. trimmed its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 31.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 65,457 shares of the financial services provider's stock after selling 30,538 shares during the quarter. Invesco Ltd. owned 0.09% of BlackRock MuniYield Quality Fund worth $754,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. raised its holdings in shares of BlackRock MuniYield Quality Fund by 35.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider's stock valued at $10,769,000 after acquiring an additional 242,500 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of BlackRock MuniYield Quality Fund by 6.1% during the fourth 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 in the last quarter. Raymond James Financial Inc. purchased a new position in BlackRock MuniYield Quality Fund in the 4th quarter worth $2,558,000. Janney Montgomery Scott LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 10.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 163,262 shares of the financial services provider's stock valued at $1,881,000 after acquiring an additional 15,341 shares during the last quarter. Finally, StoneX Group Inc. purchased a new position in BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $1,728,000. Hedge funds and other institutional investors own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Stock Up 0.1 %
Shares of BlackRock MuniYield Quality Fund stock traded up $0.01 on Thursday, hitting $11.27. The stock had a trading volume of 11,384 shares, compared to its average volume of 190,536. The stock's 50-day simple moving average is $11.38 and its two-hundred day simple moving average is $11.88. BlackRock MuniYield Quality Fund, Inc. has a one year low of $10.52 and a one year high of $13.29.
BlackRock MuniYield Quality Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.058 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.70 annualized dividend and a yield of 6.18%.
BlackRock MuniYield Quality Fund Company Profile
(
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.
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