Savvy Advisors Inc. Makes New $208,000 Investment in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Savvy Advisors Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,084 shares of the financial services provider’s stock, valued at approximately $208,000.

Several other hedge funds also recently made changes to their positions in MQY. Primoris Wealth Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund by 27.2% during the fourth quarter. Primoris Wealth Advisors LLC now owns 51,500 shares of the financial services provider’s stock worth $593,000 after buying an additional 11,000 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter valued at $2,558,000. Advisory Services Network LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 6.0% during the 4th quarter. Advisory Services Network LLC now owns 16,500 shares of the financial services provider’s stock worth $190,000 after acquiring an additional 927 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of BlackRock MuniYield Quality Fund by 4.2% in the 4th quarter. Bank of Montreal Can now owns 30,038 shares of the financial services provider’s stock worth $346,000 after acquiring an additional 1,202 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $437,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Up 0.1 %

Shares of NYSE MQY opened at $10.91 on Wednesday. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $10.52 and a 12 month high of $13.29. The business has a fifty day simple moving average of $11.68 and a 200-day simple moving average of $12.10.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a yield of 6.38%. The ex-dividend date of this dividend is Tuesday, April 15th.

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.