Fiera Capital Corp Buys 69,127 Shares of BlackRock Municipal Income Quality Trust (NYSE:BYM)

Fiera Capital Corp boosted its stake in shares of BlackRock Municipal Income Quality Trust (NYSE:BYM) by 16.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 483,702 shares of the company’s stock after acquiring an additional 69,127 shares during the quarter. Fiera Capital Corp’s holdings in BlackRock Municipal Income Quality Trust were worth $5,442,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BYM. Allegheny Financial Group LTD boosted its stake in shares of BlackRock Municipal Income Quality Trust by 7.0% in the 1st quarter. Allegheny Financial Group LTD now owns 106,655 shares of the company’s stock valued at $1,220,000 after purchasing an additional 7,012 shares during the last quarter. Bartlett & Co. LLC bought a new position in shares of BlackRock Municipal Income Quality Trust in the 2nd quarter valued at about $101,000. Truist Financial Corp boosted its stake in shares of BlackRock Municipal Income Quality Trust by 43.5% in the 2nd quarter. Truist Financial Corp now owns 15,960 shares of the company’s stock valued at $180,000 after purchasing an additional 4,835 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of BlackRock Municipal Income Quality Trust in the 2nd quarter valued at about $37,000. Finally, Summit Trail Advisors LLC bought a new position in shares of BlackRock Municipal Income Quality Trust in the 2nd quarter valued at about $114,000.

BlackRock Municipal Income Quality Trust Stock Up 1.3 %

Shares of NYSE BYM opened at $10.19 on Wednesday. BlackRock Municipal Income Quality Trust has a 1 year low of $9.30 and a 1 year high of $12.14. The firm’s 50-day moving average is $9.94 and its 200-day moving average is $10.64.

BlackRock Municipal Income Quality Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a $0.038 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.47%.

BlackRock Municipal Income Quality Trust Profile

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.