37,862 Shares in BlackRock MuniYield Quality Fund, Inc. $MQY Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 37,862 shares of the financial services provider’s stock, valued at approximately $421,000.

Other large investors have also recently modified their holdings of the company. Chung Wu Investment Group LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 2nd quarter worth approximately $78,000. Shufro Rose & Co. LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 1st quarter worth approximately $152,000. Moors & Cabot Inc. raised its stake in shares of BlackRock MuniYield Quality Fund by 39.5% during the 1st quarter. Moors & Cabot Inc. now owns 14,841 shares of the financial services provider’s stock worth $174,000 after acquiring an additional 4,199 shares in the last quarter. River Street Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 2nd quarter worth approximately $172,000. Finally, Stratos Wealth Partners LTD. raised its stake in shares of BlackRock MuniYield Quality Fund by 36.3% during the 1st quarter. Stratos Wealth Partners LTD. now owns 15,577 shares of the financial services provider’s stock worth $182,000 after acquiring an additional 4,149 shares in the last quarter. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

NYSE:MQY opened at $11.63 on Monday. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $10.52 and a twelve month high of $12.93. The company’s 50 day moving average is $11.52 and its two-hundred day moving average is $11.20.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.058 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, October 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.