BlackRock MuniYield Quality Fund, Inc. $MQY Shares Acquired by Abel Hall LLC

Abel Hall LLC raised its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 272.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,000 shares of the financial services provider’s stock after acquiring an additional 60,000 shares during the period. Abel Hall LLC’s holdings in BlackRock MuniYield Quality Fund were worth $814,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund by 3.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 30,080 shares of the financial services provider’s stock worth $299,000 after acquiring an additional 1,132 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of BlackRock MuniYield Quality Fund by 117.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,321 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 1,255 shares in the last quarter. Allied Private Wealth LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund in the second quarter valued at about $25,000. World Investment Advisors raised its holdings in shares of BlackRock MuniYield Quality Fund by 19.3% in the fourth quarter. World Investment Advisors now owns 13,512 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 2,190 shares during the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund in the first quarter valued at about $34,000. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Down 0.1%

Shares of MQY traded down $0.01 during trading hours on Monday, reaching $10.29. 1,032,612 shares of the stock traded hands, compared to its average volume of 517,777. The stock has a fifty day simple moving average of $10.58 and a 200 day simple moving average of $11.11. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $9.66 and a 52 week high of $11.94.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 22nd. Shareholders of record on Friday, December 11th will be given a $0.0580 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Friday, December 11th.

BlackRock MuniYield Quality Fund Company Profile

BlackRock MuniYield Quality Fund, Inc (NYSE: MQY) is a closed-end investment fund managed by BlackRock Advisors, LLC. The fund seeks to provide current income that is exempt from regular U.S. federal income tax, with capital appreciation as a secondary objective.

The fund invests primarily in long-term municipal obligations issued by states, municipalities, and other governmental entities throughout the United States. Its portfolio may include general obligation bonds, revenue bonds, and other tax-exempt securities used to finance public infrastructure and services.

As a national municipal bond fund, BlackRock MuniYield Quality Fund generally invests across multiple U.S.