BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Holdings Cut by Advisors Asset Management Inc.

Advisors Asset Management Inc. decreased its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 265,853 shares of the financial services provider’s stock after selling 5,638 shares during the quarter. Advisors Asset Management Inc.’s holdings in BlackRock MuniYield Quality Fund were worth $3,063,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MQY. Hennion & Walsh Asset Management Inc. lifted its position in BlackRock MuniYield Quality Fund by 35.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock worth $10,769,000 after buying an additional 242,500 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $2,558,000. Van ECK Associates Corp lifted its position in BlackRock MuniYield Quality Fund by 6.1% in the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock worth $4,954,000 after buying an additional 24,874 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in BlackRock MuniYield Quality Fund by 10.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock worth $2,431,000 after buying an additional 17,695 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in BlackRock MuniYield Quality Fund by 18.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 111,109 shares of the financial services provider’s stock worth $1,280,000 after buying an additional 17,470 shares in the last quarter. Hedge funds and other institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

BlackRock MuniYield Quality Fund stock opened at $11.78 on Friday. The firm’s fifty day simple moving average is $11.85 and its 200-day simple moving average is $12.31. BlackRock MuniYield Quality Fund, Inc. has a 1-year low of $11.43 and a 1-year high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.91%.

About BlackRock MuniYield Quality Fund

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.