Fiera Capital Corp Acquires 105,110 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Fiera Capital Corp grew its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYFree Report) by 15.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 775,531 shares of the financial services provider’s stock after purchasing an additional 105,110 shares during the quarter. Fiera Capital Corp’s holdings in BlackRock MuniYield Quality Fund were worth $8,973,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MQY. Robinson Capital Management LLC increased its holdings in BlackRock MuniYield Quality Fund by 20.2% during the second quarter. Robinson Capital Management LLC now owns 557,501 shares of the financial services provider’s stock worth $6,495,000 after buying an additional 93,876 shares during the last quarter. Van ECK Associates Corp raised its holdings in shares of BlackRock MuniYield Quality Fund by 2.5% in the 2nd quarter. Van ECK Associates Corp now owns 490,662 shares of the financial services provider’s stock worth $5,677,000 after purchasing an additional 12,076 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of BlackRock MuniYield Quality Fund in the 2nd quarter worth approximately $165,000. Bank of Montreal Can bought a new position in BlackRock MuniYield Quality Fund during the second quarter valued at $845,000. Finally, WealthBridge Capital Management LLC grew its holdings in BlackRock MuniYield Quality Fund by 7.1% during the second quarter. WealthBridge Capital Management LLC now owns 13,675 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 910 shares during the period. 21.94% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Performance

Shares of MQY opened at $10.69 on Wednesday. The stock’s fifty day moving average price is $10.44 and its two-hundred day moving average price is $11.10. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $9.82 and a 1 year high of $12.53.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a $0.0435 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.52 annualized dividend and a dividend yield of 4.88%.

About BlackRock MuniYield Quality Fund

(Free Report)

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.

Further Reading

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

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