Pathway Financial Advisers LLC grew its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 7,424.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 298,178 shares of the financial services provider's stock after buying an additional 294,215 shares during the period. Pathway Financial Advisers LLC owned approximately 0.41% of BlackRock MuniYield Quality Fund worth $3,909,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MQY. Hennion & Walsh Asset Management Inc. grew its holdings in shares of 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 valued at $9,076,000 after buying an additional 204,079 shares during the period. 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. Sanctuary Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund in the second quarter worth about $584,000. Rothschild Investment LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the second quarter worth about $378,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund by 20.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 73,737 shares of the financial services provider's stock valued at $906,000 after purchasing an additional 12,558 shares in the last quarter. Institutional investors own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Price Performance
Shares of MQY traded up $0.05 on Friday, hitting $12.56. The company's stock had a trading volume of 219,476 shares, compared to its average volume of 149,526. The firm's fifty day moving average price is $12.87 and its 200-day moving average price is $12.43. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $13.29.
BlackRock MuniYield Quality Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a $0.058 dividend. This represents a $0.70 annualized dividend and a dividend yield of 5.54%. The ex-dividend date is Tuesday, October 15th.
About BlackRock MuniYield Quality Fund
(
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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