NewEdge Advisors LLC Buys 3,693 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

NewEdge Advisors LLC increased its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 9.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,656 shares of the financial services provider’s stock after purchasing an additional 3,693 shares during the period. NewEdge Advisors LLC’s holdings in BlackRock MuniYield Quality Fund were worth $491,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp bought a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter valued at $29,000. Assetmark Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth about $37,000. Signaturefd LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth about $58,000. Mystic Asset Management Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth about $122,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth about $132,000. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Down 0.4 %

NYSE MQY opened at $11.01 on Tuesday. The stock’s 50-day moving average is $11.50 and its 200-day moving average is $11.95. 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 Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders 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 dividend yield of 6.32%. The ex-dividend date is Tuesday, April 15th.

BlackRock MuniYield Quality Fund Company Profile

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.