BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $11.28 and last traded at $11.34, with a volume of 56891 shares traded. The stock had previously closed at $11.52.
BlackRock MuniYield Quality Fund Price Performance
The firm's 50-day moving average is $11.73 and its 200-day moving average is $12.13.
BlackRock MuniYield Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a $0.058 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.46%.
Hedge Funds Weigh In On BlackRock MuniYield Quality Fund
A number of hedge funds have recently added to or reduced their stakes in MQY. Advisory Services Network LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund by 6.0% in the fourth quarter. Advisory Services Network LLC now owns 16,500 shares of the financial services provider's stock valued at $190,000 after purchasing an additional 927 shares in the last quarter. Summit Trail Advisors LLC lifted its stake in BlackRock MuniYield Quality Fund by 6.2% during the 4th quarter. Summit Trail Advisors LLC now owns 17,178 shares of the financial services provider's stock valued at $191,000 after acquiring an additional 1,000 shares in the last quarter. Simon Quick Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund by 7.7% during the 4th quarter. Simon Quick Advisors LLC now owns 15,195 shares of the financial services provider's stock worth $175,000 after acquiring an additional 1,088 shares during the last quarter. Bank of Montreal Can grew its stake in shares of BlackRock MuniYield Quality Fund by 4.2% in the 4th quarter. Bank of Montreal Can now owns 30,038 shares of the financial services provider's stock worth $346,000 after acquiring an additional 1,202 shares in the last quarter. Finally, Clear Creek Financial Management LLC grew its stake in shares of BlackRock MuniYield Quality Fund by 10.0% in the 4th quarter. Clear Creek Financial Management LLC now owns 16,654 shares of the financial services provider's stock worth $192,000 after acquiring an additional 1,511 shares in the last quarter. 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.
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