JFS Wealth Advisors LLC trimmed its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 36.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 127,714 shares of the financial services provider's stock after selling 74,418 shares during the period. JFS Wealth Advisors LLC owned approximately 0.17% of BlackRock MuniYield Quality Fund worth $1,674,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of MQY. Janney Montgomery Scott LLC lifted its holdings in BlackRock MuniYield Quality Fund by 1.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 132,872 shares of the financial services provider's stock worth $1,628,000 after purchasing an additional 1,761 shares in the last quarter. Mutual Advisors LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 3.8% in the first quarter. Mutual Advisors LLC now owns 144,228 shares of the financial services provider's stock valued at $1,767,000 after acquiring an additional 5,238 shares during the period. Primoris Wealth Advisors LLC grew its stake in BlackRock MuniYield Quality Fund by 25.0% during the first quarter. Primoris Wealth Advisors LLC now owns 12,500 shares of the financial services provider's stock valued at $153,000 after acquiring an additional 2,500 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund by 31.1% during the 1st quarter. Advisors Asset Management Inc. now owns 280,012 shares of the financial services provider's stock worth $3,430,000 after acquiring an additional 66,461 shares during the period. Finally, Pathway Financial Advisers LLC purchased a new stake in BlackRock MuniYield Quality Fund in the 1st quarter worth approximately $48,000. Institutional investors own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Stock Up 0.8 %
Shares of MQY traded up $0.10 during mid-day trading on Thursday, reaching $12.52. 193,399 shares of the stock traded hands, compared to its average volume of 149,967. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $9.94 and a 1 year high of $13.29. The firm has a fifty day moving average price of $12.87 and a 200 day moving average price of $12.43.
BlackRock MuniYield Quality Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.70 dividend on an annualized basis and a yield of 5.56%.
BlackRock MuniYield Quality Fund Profile
(
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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