Raymond James & Associates Has $1.91 Million Stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Raymond James & Associates grew its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 156,590 shares of the financial services provider’s stock after buying an additional 4,831 shares during the quarter. Raymond James & Associates owned approximately 0.21% of BlackRock MuniYield Quality Fund worth $1,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in MQY. Cetera Advisor Networks LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund by 34.0% during the 1st quarter. Cetera Advisor Networks LLC now owns 20,281 shares of the financial services provider’s stock valued at $280,000 after buying an additional 5,142 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter valued at about $353,000. Worth Asset Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter valued at about $171,000. Invesco Ltd. lifted its holdings in shares of BlackRock MuniYield Quality Fund by 26.8% during the 1st quarter. Invesco Ltd. now owns 74,963 shares of the financial services provider’s stock valued at $1,034,000 after buying an additional 15,860 shares during the last quarter. Finally, Rivernorth Capital Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund in the 1st quarter valued at approximately $1,258,000. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Price Performance

Shares of MQY stock opened at $12.03 on Thursday. The stock’s 50 day simple moving average is $12.26 and its 200 day simple moving average is $11.67. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $9.82 and a twelve month high of $12.52.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be paid a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Friday, April 12th.

BlackRock MuniYield Quality Fund 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.