Raymond James Financial Inc. purchased a new position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 222,059 shares of the financial services provider's stock, valued at approximately $2,558,000. Raymond James Financial Inc. owned about 0.30% of BlackRock MuniYield Quality Fund at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Fifth Third Bancorp purchased a new position in BlackRock MuniYield Quality Fund during the 4th quarter worth $29,000. Assetmark Inc. acquired a new stake in BlackRock MuniYield Quality Fund in the fourth quarter worth about $37,000. Stratos Wealth Partners LTD. purchased a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth about $132,000. Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at about $160,000. Finally, Simon Quick Advisors LLC raised its position in shares of BlackRock MuniYield Quality Fund by 7.7% in the 4th quarter. Simon Quick Advisors LLC now owns 15,195 shares of the financial services provider's stock valued at $175,000 after purchasing an additional 1,088 shares during the last quarter. 25.51% of the stock is owned by institutional investors and hedge funds.
BlackRock MuniYield Quality Fund Stock Down 0.7 %
MQY stock traded down $0.08 during trading on Wednesday, reaching $11.75. The company had a trading volume of 105,776 shares, compared to its average volume of 172,923. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $11.43 and a twelve month high of $13.29. The firm has a 50-day simple moving average of $11.86 and a 200-day simple moving average of $12.24.
BlackRock MuniYield Quality Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were paid a dividend of $0.058 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.70 annualized dividend and a dividend yield of 5.92%.
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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