BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Declares Monthly Dividend of $0.07

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be given a dividend of 0.066 per share by the investment management company on Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Friday, November 14th.

BlackRock MuniYield Pennsylvania Quality Fund Stock Down 0.5%

NYSE MPA opened at $11.40 on Tuesday. BlackRock MuniYield Pennsylvania Quality Fund has a 1 year low of $10.26 and a 1 year high of $12.55. The company has a fifty day simple moving average of $11.26 and a 200 day simple moving average of $10.95.

Institutional Investors Weigh In On BlackRock MuniYield Pennsylvania Quality Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its position in shares of BlackRock MuniYield Pennsylvania Quality Fund by 50.4% during the 2nd quarter. Osaic Holdings Inc. now owns 57,496 shares of the investment management company’s stock worth $620,000 after purchasing an additional 19,266 shares during the last quarter. Raymond James Financial Inc. increased its position in BlackRock MuniYield Pennsylvania Quality Fund by 5.6% in the 2nd quarter. Raymond James Financial Inc. now owns 18,957 shares of the investment management company’s stock worth $205,000 after buying an additional 1,000 shares during the period. Ethos Financial Group LLC acquired a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the second quarter worth approximately $271,000. Aviance Capital Partners LLC lifted its holdings in shares of BlackRock MuniYield Pennsylvania Quality Fund by 13.8% during the second quarter. Aviance Capital Partners LLC now owns 17,959 shares of the investment management company’s stock worth $194,000 after buying an additional 2,178 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of BlackRock MuniYield Pennsylvania Quality Fund by 2.3% in the first quarter. Royal Bank of Canada now owns 66,568 shares of the investment management company’s stock valued at $746,000 after acquiring an additional 1,500 shares during the period. 24.70% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Pennsylvania Quality Fund Company Profile

BlackRock MuniYield Pennsylvania Quality Fund is a closed 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 primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.