BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.20 and traded as low as $11.56. BlackRock MuniYield Quality Fund shares last traded at $11.65, with a volume of 163,260 shares trading hands.
BlackRock MuniYield Quality Fund Stock Up 0.5 %
The stock has a fifty day simple moving average of $12.19 and a 200 day simple moving average of $12.49.
BlackRock MuniYield Quality Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.058 dividend. This represents a $0.70 annualized dividend and a yield of 5.94%. The ex-dividend date of this dividend is Wednesday, January 15th.
Institutional Investors Weigh In On BlackRock MuniYield Quality Fund
A number of hedge funds have recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. lifted its stake in shares of BlackRock MuniYield Quality Fund by 35.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider's stock worth $10,769,000 after purchasing an additional 242,500 shares during the period. Stifel Financial Corp purchased a new stake in BlackRock MuniYield Quality Fund during the third quarter valued at approximately $187,000. HighTower Advisors LLC raised its position in BlackRock MuniYield Quality Fund by 6.2% in the third quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider's stock worth $1,549,000 after acquiring an additional 6,874 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of BlackRock MuniYield Quality Fund by 10.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider's stock worth $2,431,000 after acquiring an additional 17,695 shares during the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 226.3% during the 3rd quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider's stock worth $120,000 after acquiring an additional 6,335 shares during the last quarter. 25.51% of the stock is currently owned by hedge funds and other institutional investors.
About BlackRock MuniYield Quality Fund
(
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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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