Rockefeller Capital Management L.P. trimmed its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 155,456 shares of the financial services provider's stock after selling 29,974 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.21% of BlackRock MuniYield Quality Fund worth $1,791,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Advisory Services Network LLC grew its position in BlackRock MuniYield Quality Fund by 6.0% during the fourth quarter. Advisory Services Network LLC now owns 16,500 shares of the financial services provider's stock valued at $190,000 after buying an additional 927 shares during the period. Summit Trail Advisors LLC grew its position in shares of BlackRock MuniYield Quality Fund by 6.2% during the 4th quarter. Summit Trail Advisors LLC now owns 17,178 shares of the financial services provider's stock valued at $191,000 after acquiring an additional 1,000 shares during the period. Simon Quick Advisors LLC increased its stake 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 in the last quarter. Bank of Montreal Can raised its holdings in BlackRock MuniYield Quality Fund by 4.2% in the 4th quarter. Bank of Montreal Can now owns 30,038 shares of the financial services provider's stock worth $346,000 after purchasing an additional 1,202 shares during the period. Finally, Clear Creek Financial Management LLC boosted its position in BlackRock MuniYield Quality Fund by 10.0% during the fourth quarter. Clear Creek Financial Management LLC now owns 16,654 shares of the financial services provider's stock worth $192,000 after purchasing an additional 1,511 shares in the last quarter. Institutional investors and hedge funds own 25.51% of the company's stock.
BlackRock MuniYield Quality Fund Stock Up 0.1 %
Shares of BlackRock MuniYield Quality Fund stock traded up $0.01 on Wednesday, reaching $10.81. The company's stock had a trading volume of 294,536 shares, compared to its average volume of 179,152. The stock has a 50-day moving average price of $11.57 and a 200-day moving average price of $12.02. BlackRock MuniYield Quality Fund, Inc. has a 52-week low of $10.52 and a 52-week high of $13.29.
BlackRock MuniYield Quality Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date of this dividend is Tuesday, April 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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