BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $11.69 and last traded at $11.71, with a volume of 72026 shares changing hands. The stock had previously closed at $11.80.
BlackRock MuniYield Quality Fund Trading Down 0.7 %
The stock's fifty day moving average price is $12.53 and its two-hundred day moving average price is $12.56.
BlackRock MuniYield Quality Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend is Monday, December 16th.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC increased its stake in shares of BlackRock MuniYield Quality Fund by 6.2% during the 3rd quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider's stock worth $1,549,000 after purchasing an additional 6,874 shares during the last quarter. Pathway Financial Advisers LLC increased its holdings in BlackRock MuniYield Quality Fund by 7,424.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider's stock worth $3,909,000 after acquiring an additional 294,215 shares during the period. Hennion & Walsh Asset Management Inc. lifted its stake in BlackRock MuniYield Quality Fund by 41.8% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 692,268 shares of the financial services provider's stock worth $9,076,000 after purchasing an additional 204,079 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund in the 2nd quarter worth approximately $584,000. Finally, WealthBridge Capital Management LLC boosted its holdings in BlackRock MuniYield Quality Fund by 7.6% in the 3rd quarter. WealthBridge Capital Management LLC now owns 42,265 shares of the financial services provider's stock valued at $554,000 after purchasing an additional 3,000 shares during the period. Institutional investors and hedge funds own 25.51% of the company's stock.
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.
See Also
Before you consider BlackRock MuniYield 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 Quality Fund wasn't on the list.
While BlackRock MuniYield Quality Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
