Free Trial

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?

BlackRock MuniYield Pennsylvania Quality Fund logo with Finance background

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.32 and traded as high as $12.46. BlackRock MuniYield Pennsylvania Quality Fund shares last traded at $12.14, with a volume of 32,151 shares traded.

BlackRock MuniYield Pennsylvania Quality Fund Trading Up 0.2 %

The stock has a 50-day moving average price of $12.34 and a 200 day moving average price of $12.32.

BlackRock MuniYield Pennsylvania Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.066 per share. The ex-dividend date is Friday, November 15th. This represents a $0.79 annualized dividend and a yield of 6.51%.

Insider Buying and Selling at BlackRock MuniYield Pennsylvania Quality Fund

In related news, Portfolio Manager Phillip Soccio sold 2,056 shares of the company's stock in a transaction on Friday, October 4th. The shares were sold at an average price of $12.44, for a total value of $25,576.64. Following the completion of the transaction, the portfolio manager now directly owns 1 shares of the company's stock, valued at approximately $12.44. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company's stock.

Institutional Investors Weigh In On BlackRock MuniYield Pennsylvania Quality Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of MPA. Whitebox Advisors LLC bought a new stake in BlackRock MuniYield Pennsylvania Quality Fund during the 1st quarter worth about $210,000. Wolverine Asset Management LLC bought a new position in BlackRock MuniYield Pennsylvania Quality Fund in the third quarter valued at approximately $234,000. Finally, Haverford Trust Co acquired a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the 3rd quarter worth approximately $414,000. Institutional investors and hedge funds 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.

Read More

→ My #1 Pre IPO Trade for 2025 – NAME and TICKER (From Wyatt Investment Research) (Ad)

Should you invest $1,000 in BlackRock MuniYield Pennsylvania Quality Fund right now?

Before you consider BlackRock MuniYield Pennsylvania 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 Pennsylvania Quality Fund wasn't on the list.

While BlackRock MuniYield Pennsylvania Quality Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines