Wells Fargo & Company MN trimmed its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 811,054 shares of the financial services provider's stock after selling 53,910 shares during the quarter. Wells Fargo & Company MN owned about 1.11% of BlackRock MuniYield Quality Fund worth $9,343,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of MQY. Fifth Third Bancorp acquired a new stake in shares of BlackRock MuniYield Quality Fund in the 4th quarter valued at about $29,000. Assetmark Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $37,000. Signaturefd LLC bought a new position in shares of BlackRock MuniYield Quality Fund in the 4th quarter worth $58,000. Mystic Asset Management Inc. acquired a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at $122,000. Finally, Stratos Wealth Partners LTD. bought a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at $132,000. 25.51% of the stock is owned by institutional investors.
BlackRock MuniYield Quality Fund Stock Up 0.7 %
Shares of BlackRock MuniYield Quality Fund stock traded up $0.08 during trading hours on Tuesday, reaching $10.78. The company's stock had a trading volume of 180,309 shares, compared to its average volume of 178,691. The stock's fifty day simple moving average is $11.57 and its two-hundred day simple moving average is $12.02. BlackRock MuniYield Quality Fund, Inc. has a one year low of $10.52 and a one year high of $13.29.
BlackRock MuniYield Quality Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.058 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.70 dividend on an annualized basis and a yield of 6.46%.
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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