Van ECK Associates Corp Purchases 24,874 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Van ECK Associates Corp increased its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 6.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 430,019 shares of the financial services provider's stock after purchasing an additional 24,874 shares during the quarter. Van ECK Associates Corp owned 0.59% of BlackRock MuniYield Quality Fund worth $4,954,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Indiana Trust & Investment Management Co boosted its position in BlackRock MuniYield Quality Fund by 1.4% in the fourth quarter. Indiana Trust & Investment Management Co now owns 111,533 shares of the financial services provider's stock worth $1,285,000 after purchasing an additional 1,584 shares during the last quarter. Summit Trail Advisors LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund by 6.2% in the fourth quarter. Summit Trail Advisors LLC now owns 17,178 shares of the financial services provider's stock worth $191,000 after buying an additional 1,000 shares during the last quarter. Stratos Wealth Partners LTD. bought a new stake in BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $132,000. Clear Creek Financial Management LLC grew its position in BlackRock MuniYield Quality Fund by 10.0% during the fourth quarter. Clear Creek Financial Management LLC now owns 16,654 shares of the financial services provider's stock valued at $192,000 after buying an additional 1,511 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $29,000. Institutional investors own 25.51% of the company's stock.

BlackRock MuniYield Quality Fund Trading Down 0.2 %

Shares of BlackRock MuniYield Quality Fund stock traded down $0.03 on Friday, hitting $11.90. 127,773 shares of the company's stock were exchanged, compared to its average volume of 201,896. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $11.43 and a 1 year high of $13.29. The company has a 50-day simple moving average of $11.83 and a 200-day simple moving average of $12.40.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.058 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 5.85%.

About BlackRock MuniYield Quality Fund

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.