Abel Hall LLC Acquires 60,000 Shares of BlackRock MuniYield Quality Fund, Inc. $MQY

Abel Hall LLC raised its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 272.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,000 shares of the financial services provider’s stock after purchasing an additional 60,000 shares during the quarter. Abel Hall LLC owned 0.05% of BlackRock MuniYield Quality Fund worth $814,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Rivernorth Capital Management LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 223.8% in the first quarter. Rivernorth Capital Management LLC now owns 7,899,355 shares of the financial services provider’s stock valued at $86,735,000 after buying an additional 5,459,910 shares in the last quarter. Bank of America Corp DE bought a new stake in shares of BlackRock MuniYield Quality Fund during the second quarter worth about $21,090,000. Rareview Capital LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the first quarter worth about $4,930,000. Cura Wealth Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the second quarter worth about $3,120,000. Finally, Cetera Investment Advisers raised its holdings in shares of BlackRock MuniYield Quality Fund by 500.5% in the 1st quarter. Cetera Investment Advisers now owns 313,561 shares of the financial services provider’s stock worth $3,443,000 after acquiring an additional 261,344 shares during the last quarter. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

NYSE MQY traded down $0.01 during trading hours on Monday, hitting $10.29. The company’s stock had a trading volume of 1,032,612 shares, compared to its average volume of 517,777. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $9.66 and a 52 week high of $11.94. The company’s 50-day simple moving average is $10.58 and its two-hundred day simple moving average is $11.11.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be issued a dividend of $0.0580 per share. This represents a $0.70 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc (NYSE: MQY) is a closed-end investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide current income that is exempt from regular U.S. federal income tax, with capital appreciation as a secondary objective.

The fund invests primarily in long-term municipal obligations issued by states, municipalities, and other governmental entities throughout the United States. Its portfolio may include general obligation bonds, revenue bonds, and other tax-exempt securities used to finance public infrastructure and services.

As a national municipal bond fund, BlackRock MuniYield Quality Fund generally invests across multiple U.S.