Hennion & Walsh Asset Management Inc. Purchases 242,500 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 35.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 934,768 shares of the financial services provider's stock after purchasing an additional 242,500 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 1.28% of BlackRock MuniYield Quality Fund worth $10,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MQY. Stifel Financial Corp bought a new stake in shares of BlackRock MuniYield Quality Fund in the 3rd quarter worth approximately $187,000. HighTower Advisors LLC lifted its holdings 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 buying an additional 6,874 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in BlackRock MuniYield Quality Fund by 10.5% in the third quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider's stock worth $2,431,000 after buying an additional 17,695 shares during the period. Larson Financial Group LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 226.3% during the third quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider's stock valued at $120,000 after purchasing an additional 6,335 shares in the last quarter. Finally, Primoris Wealth Advisors LLC grew its position in shares of BlackRock MuniYield Quality Fund by 107.7% in the 3rd quarter. Primoris Wealth Advisors LLC now owns 40,500 shares of the financial services provider's stock worth $531,000 after buying an additional 21,000 shares during the period. 25.51% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund Price Performance

Shares of NYSE MQY traded up $0.07 on Thursday, reaching $11.78. 136,397 shares of the company's stock traded hands, compared to its average volume of 236,150. The business's 50 day simple moving average is $12.19 and its two-hundred day simple moving average is $12.49. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $11.43 and a 12 month high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.