Dakota Wealth Management purchased a new stake in Blackrock Muniyield Quality Fund Inc. (NYSE:MQY) during the fourth quarter, Holdings Channel reports. The firm purchased 46,400 shares of the financial services provider’s stock, valued at approximately $602,000.

Other institutional investors have also bought and sold shares of the company. Private Advisor Group LLC boosted its stake in shares of Blackrock Muniyield Quality Fund by 44.2% in the third quarter. Private Advisor Group LLC now owns 17,222 shares of the financial services provider’s stock valued at $233,000 after buying an additional 5,278 shares in the last quarter. Capital Investment Advisors LLC boosted its stake in shares of Blackrock Muniyield Quality Fund by 128.2% in the fourth quarter. Capital Investment Advisors LLC now owns 27,480 shares of the financial services provider’s stock valued at $357,000 after buying an additional 15,440 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Blackrock Muniyield Quality Fund by 49.8% in the third quarter. Advisors Asset Management Inc. now owns 99,807 shares of the financial services provider’s stock valued at $1,349,000 after buying an additional 33,195 shares in the last quarter. Cornerstone Advisory LLC boosted its stake in shares of Blackrock Muniyield Quality Fund by 167.8% in the third quarter. Cornerstone Advisory LLC now owns 179,448 shares of the financial services provider’s stock valued at $2,426,000 after buying an additional 112,446 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. purchased a new stake in shares of Blackrock Muniyield Quality Fund in the third quarter valued at approximately $678,000. Hedge funds and other institutional investors own 15.14% of the company’s stock.

Shares of Blackrock Muniyield Quality Fund stock traded down $0.01 during trading on Tuesday, reaching $13.48. The company’s stock had a trading volume of 44,000 shares, compared to its average volume of 61,850. Blackrock Muniyield Quality Fund Inc. has a 12-month low of $12.70 and a 12-month high of $14.96.

The firm also recently declared a monthly dividend, which will be paid on Friday, February 1st. Investors of record on Tuesday, January 15th will be paid a $0.056 dividend. The ex-dividend date of this dividend is Monday, January 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.99%.

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Blackrock Muniyield Quality Fund Profile

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

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