10,750 Shares in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Bought by Mystic Asset Management Inc.

Mystic Asset Management Inc. bought a new position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,750 shares of the financial services provider’s stock, valued at approximately $122,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MQY. Hennion & Walsh Asset Management Inc. boosted its stake in BlackRock MuniYield Quality Fund by 35.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock worth $10,769,000 after purchasing an additional 242,500 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in BlackRock MuniYield Quality Fund during the 4th quarter worth $2,558,000. Van ECK Associates Corp boosted its stake in BlackRock MuniYield Quality Fund by 6.1% during the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock worth $4,954,000 after purchasing an additional 24,874 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in BlackRock MuniYield Quality Fund by 10.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock worth $2,431,000 after purchasing an additional 17,695 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in BlackRock MuniYield Quality Fund by 18.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 111,109 shares of the financial services provider’s stock worth $1,280,000 after purchasing an additional 17,470 shares during the last quarter. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

Shares of MQY stock opened at $11.63 on Wednesday. The company’s 50-day moving average price is $11.85 and its 200-day moving average price is $12.32. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $11.43 and a twelve month high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.058 per share. The ex-dividend date is Friday, March 14th. This represents a $0.70 annualized dividend and a dividend yield of 5.99%.

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.