BlackRock MuniYield Quality Fund (NYSE:MQY) Reaches New 52-Week High at $12.52

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) reached a new 52-week high during trading on Tuesday . The company traded as high as $12.52 and last traded at $12.52, with a volume of 76282 shares. The stock had previously closed at $12.44.

BlackRock MuniYield Quality Fund Stock Up 0.6 %

The business has a 50 day moving average price of $12.17 and a 200 day moving average price of $12.17.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Monday, July 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.56%.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund

Institutional investors have recently modified their holdings of the stock. Anchor Investment Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at $73,000. OneAscent Financial Services LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at $169,000. Moody National Bank Trust Division boosted its position in shares of BlackRock MuniYield Quality Fund by 9.9% during the fourth quarter. Moody National Bank Trust Division now owns 16,439 shares of the financial services provider’s stock valued at $200,000 after buying an additional 1,479 shares during the last quarter. Raymond James & Associates boosted its position in shares of BlackRock MuniYield Quality Fund by 3.2% during the fourth quarter. Raymond James & Associates now owns 156,590 shares of the financial services provider’s stock valued at $1,909,000 after buying an additional 4,831 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of BlackRock MuniYield Quality Fund by 36.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 90,872 shares of the financial services provider’s stock valued at $1,108,000 after buying an additional 24,388 shares during the last quarter. 25.51% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Company 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.