Hennion & Walsh Asset Management Inc. Increases Holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Hennion & Walsh Asset Management Inc. lifted its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 41.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 692,268 shares of the financial services provider's stock after purchasing an additional 204,079 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 0.95% of BlackRock MuniYield Quality Fund worth $9,076,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Advisors Asset Management Inc. grew its stake in BlackRock MuniYield Quality Fund by 31.1% in the first quarter. Advisors Asset Management Inc. now owns 280,012 shares of the financial services provider's stock valued at $3,430,000 after acquiring an additional 66,461 shares during the period. WealthBridge Capital Management LLC increased its stake in BlackRock MuniYield Quality Fund by 7.6% during 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 in the last quarter. Sanctuary Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund during the 2nd quarter valued at $584,000. Rothschild Investment LLC acquired a new position in BlackRock MuniYield Quality Fund during the second quarter worth $378,000. Finally, Mutual Advisors LLC grew its holdings in shares of BlackRock MuniYield Quality Fund by 3.8% during the first quarter. Mutual Advisors LLC now owns 144,228 shares of the financial services provider's stock valued at $1,767,000 after buying an additional 5,238 shares during the last quarter. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Trading Down 1.1 %

Shares of MQY traded down $0.14 on Thursday, reaching $12.51. The company's stock had a trading volume of 248,345 shares, compared to its average volume of 149,187. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $9.82 and a twelve month high of $13.29. The firm has a fifty day moving average of $12.87 and a 200-day moving average of $12.42.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be given a dividend of $0.058 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of 5.56%.

BlackRock MuniYield Quality Fund Company Profile

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.