BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.42 and traded as high as $12.39. BlackRock MuniYield Pennsylvania Quality Fund shares last traded at $12.21, with a volume of 16,496 shares trading hands.
BlackRock MuniYield Pennsylvania Quality Fund Price Performance
The firm has a 50 day simple moving average of $12.02 and a 200-day simple moving average of $11.43.
BlackRock MuniYield Pennsylvania Quality Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a $0.048 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.58 annualized dividend and a yield of 4.73%.
Insider Buying and Selling at BlackRock MuniYield Pennsylvania Quality Fund
In other BlackRock MuniYield Pennsylvania Quality Fund news, major shareholder Saba Capital Management, L.P. acquired 29,645 shares of the company's stock in a transaction on Monday, April 15th. The shares were purchased at an average price of $11.96 per share, for a total transaction of $354,554.20. Following the completion of the purchase, the insider now directly owns 2,180,685 shares of the company's stock, valued at $26,080,992.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders have acquired 138,151 shares of company stock worth $1,655,855 over the last 90 days. Company insiders own 1.00% of the company's stock.
Hedge Funds Weigh In On BlackRock MuniYield Pennsylvania Quality Fund
Large investors have recently made changes to their positions in the company. Captrust Financial Advisors bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the second quarter worth approximately $44,000. JPMorgan Chase & Co. bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the fourth quarter worth approximately $47,000. Blue Bell Private Wealth Management LLC bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the fourth quarter worth approximately $64,000. Almitas Capital LLC bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the third quarter worth approximately $119,000. Finally, Virtu Financial LLC bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the fourth quarter worth approximately $127,000. Institutional investors own 24.70% of the company's stock.
About BlackRock MuniYield Pennsylvania Quality Fund
(
Get Free Report)
BlackRock MuniYield Pennsylvania Quality Fund is a closed 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 primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.
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