Capital Investment Advisors LLC Cuts Stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Capital Investment Advisors LLC lowered its position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYGet Rating) by 10.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,937 shares of the financial services provider’s stock after selling 3,400 shares during the quarter. Capital Investment Advisors LLC’s holdings in BlackRock MuniYield Quality Fund were worth $367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rockefeller Capital Management L.P. boosted its stake in BlackRock MuniYield Quality Fund by 1.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 118,540 shares of the financial services provider’s stock worth $1,913,000 after buying an additional 2,016 shares in the last quarter. Cornerstone Advisory LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 10.3% during the first quarter. Cornerstone Advisory LLC now owns 96,089 shares of the financial services provider’s stock valued at $1,325,000 after purchasing an additional 9,000 shares during the period. Regatta Capital Group LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $4,115,000. Fairhaven Wealth Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the first quarter valued at approximately $139,000. Finally, Ackerman Capital Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $688,000. Hedge funds and other institutional investors own 35.21% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

NYSE:MQY opened at $11.77 on Monday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $11.70 and a fifty-two week high of $17.20. The business has a 50 day moving average price of $12.74 and a 200-day moving average price of $12.92.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.056 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend is Wednesday, September 14th.

BlackRock MuniYield Quality Fund Company Profile

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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.

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Institutional Ownership by Quarter for BlackRock MuniYield Quality Fund (NYSE:MQY)

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