Mutual Advisors LLC Sells 48,100 Shares of BlackRock MuniYield Quality Fund, Inc. $MQY

Mutual Advisors LLC lessened its position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 35.2% in the 4th quarter, Holdings Channel reports. The firm owned 88,717 shares of the financial services provider’s stock after selling 48,100 shares during the period. Mutual Advisors LLC’s holdings in BlackRock MuniYield Quality Fund were worth $1,003,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Clear Creek Financial Management LLC increased its stake in BlackRock MuniYield Quality Fund by 6.2% in the fourth quarter. Clear Creek Financial Management LLC now owns 17,111 shares of the financial services provider’s stock valued at $193,000 after purchasing an additional 1,000 shares in the last quarter. First Horizon Corp bought a new stake in BlackRock MuniYield Quality Fund in the third quarter valued at approximately $34,000. NewEdge Advisors LLC increased its stake in BlackRock MuniYield Quality Fund by 7.4% in the first quarter. NewEdge Advisors LLC now owns 45,824 shares of the financial services provider’s stock valued at $537,000 after purchasing an additional 3,168 shares in the last quarter. Polar Asset Management Partners Inc. increased its stake in BlackRock MuniYield Quality Fund by 1.5% in the third quarter. Polar Asset Management Partners Inc. now owns 261,764 shares of the financial services provider’s stock valued at $3,050,000 after purchasing an additional 3,994 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in BlackRock MuniYield Quality Fund by 20.6% in the second quarter. Cetera Investment Advisers now owns 28,876 shares of the financial services provider’s stock valued at $321,000 after purchasing an additional 4,939 shares in the last quarter. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Down 0.8%

Shares of NYSE:MQY opened at $11.20 on Tuesday. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $10.78 and a 52 week high of $11.94. The company has a 50 day moving average price of $11.40 and a two-hundred day moving average price of $11.47.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.058 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 6.2%.

BlackRock MuniYield Quality Fund Profile

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.