BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, a decline of 99.7% from the March 15th total of 239,900 shares. Based on an average daily volume of 86,600 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On BlackRock MuniYield Quality Fund
A number of hedge funds and other institutional investors have recently modified their holdings of MQY. Wolverine Asset Management LLC purchased a new position in shares of BlackRock MuniYield Quality Fund during the 3rd quarter worth approximately $75,000. Indiana Trust & Investment Management CO bought a new position in shares of BlackRock MuniYield Quality Fund during the 3rd quarter valued at $1,795,000. Anchor Investment Management LLC purchased a new position in shares of BlackRock MuniYield Quality Fund in the 4th quarter worth $73,000. Robinson Capital Management LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 7.8% in the 3rd quarter. Robinson Capital Management LLC now owns 601,187 shares of the financial services provider's stock worth $6,249,000 after buying an additional 43,686 shares during the last quarter. Finally, Rivernorth Capital Management LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 30.1% in the 2nd quarter. Rivernorth Capital Management LLC now owns 2,027,444 shares of the financial services provider's stock worth $23,458,000 after buying an additional 468,793 shares during the last quarter. Institutional investors own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Trading Up 0.2 %
Shares of NYSE MQY traded up $0.03 during midday trading on Thursday, reaching $12.14. The company had a trading volume of 121,574 shares, compared to its average volume of 168,942. BlackRock MuniYield Quality Fund has a one year low of $9.82 and a one year high of $12.52. The firm's fifty day moving average price is $12.27 and its 200-day moving average price is $11.62.
BlackRock MuniYield Quality Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date is Friday, April 12th.
About BlackRock MuniYield Quality Fund
(
Get 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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