PNC Financial Services Group Inc. maintained its stake in shares of Blackrock Muniyield Quality Fund Inc. (NYSE:MQY) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,304 shares of the financial services provider’s stock at the end of the second quarter. PNC Financial Services Group Inc.’s holdings in Blackrock Muniyield Quality Fund were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Laurion Capital Management LP acquired a new position in Blackrock Muniyield Quality Fund during the second quarter valued at approximately $801,000. Cornerstone Advisory LLP acquired a new position in Blackrock Muniyield Quality Fund during the second quarter valued at approximately $814,000. SG Americas Securities LLC acquired a new position in Blackrock Muniyield Quality Fund during the second quarter valued at approximately $121,000. Finally, Fiduciary Financial Services of The Southwest Inc. TX acquired a new position in Blackrock Muniyield Quality Fund during the second quarter valued at approximately $183,000. Institutional investors own 12.21% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another site, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.thecerbatgem.com/2017/10/23/pnc-financial-services-group-inc-holds-stake-in-blackrock-muniyield-quality-fund-inc-mqy.html.

Blackrock Muniyield Quality Fund Inc. (NYSE MQY) opened at 15.61 on Monday. Blackrock Muniyield Quality Fund Inc. has a one year low of $14.21 and a one year high of $16.10. The firm’s 50-day moving average price is $15.69 and its 200 day moving average price is $15.55.

The business also recently declared a monthly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Monday, October 16th will be given a dividend of $0.0725 per share. This represents a $0.87 annualized dividend and a dividend yield of 5.57%. The ex-dividend date of this dividend is Friday, October 13th.

About Blackrock Muniyield Quality Fund

BlackRock MuniYield Quality Fund, Inc (MQY) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.

Want to see what other hedge funds are holding MQY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Muniyield Quality Fund Inc. (NYSE:MQY).

Institutional Ownership by Quarter for Blackrock Muniyield Quality Fund (NYSE:MQY)

Receive News & Stock Ratings for Blackrock Muniyield Quality Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Muniyield Quality Fund Inc. and related stocks with our FREE daily email newsletter.