BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Position Reduced by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. trimmed its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 0.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 512,353 shares of the financial services provider’s stock after selling 3,311 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniYield Quality Fund were worth $6,276,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $129,000. ICA Group Wealth Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $54,000. Virtu Financial LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $182,000. Cornerstone Advisory LLC raised its holdings in shares of BlackRock MuniYield Quality Fund by 51.3% during the fourth quarter. Cornerstone Advisory LLC now owns 890,576 shares of the financial services provider’s stock worth $10,856,000 after purchasing an additional 301,828 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of BlackRock MuniYield Quality Fund by 18.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 54,835 shares of the financial services provider’s stock worth $668,000 after purchasing an additional 8,536 shares during the period. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Up 0.3 %

Shares of NYSE:MQY traded up $0.04 on Friday, reaching $12.28. 165,066 shares of the company’s stock were exchanged, compared to its average volume of 138,306. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $12.52. The business’s 50-day moving average is $12.07 and its two-hundred day moving average is $12.16.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be issued a dividend of $0.058 per share. The ex-dividend date is Friday, June 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.67%.

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.