Pathway Financial Advisers LLC raised its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 7,424.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 about 0.41% of BlackRock MuniYield Quality Fund worth $3,909,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. TruNorth Capital Management LLC purchased a new stake in BlackRock MuniYield Quality Fund in the second quarter worth $26,000. Larson Financial Group LLC bought a new stake in BlackRock MuniYield Quality Fund during the 2nd quarter valued at about $34,000. Luken Investment Analytics LLC purchased a new stake in BlackRock MuniYield Quality Fund in the 2nd quarter valued at about $48,000. Primoris Wealth Advisors LLC boosted its position in BlackRock MuniYield Quality Fund by 25.0% in the 1st quarter. Primoris Wealth Advisors LLC now owns 12,500 shares of the financial services provider's stock valued at $153,000 after buying an additional 2,500 shares during the period. Finally, Clear Creek Financial Management LLC bought a new position in BlackRock MuniYield Quality Fund in the 2nd quarter worth about $154,000. Institutional investors own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Stock Performance
Shares of BlackRock MuniYield Quality Fund stock traded up $0.02 on Wednesday, hitting $12.42. 177,799 shares of the company traded hands, compared to its average volume of 149,760. The stock's 50 day moving average price is $12.87 and its 200-day moving average price is $12.43. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $9.94 and a 52 week high of $13.29.
BlackRock MuniYield Quality Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a $0.058 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of 5.60%.
BlackRock MuniYield Quality Fund Profile
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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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