BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Shares Cross Above Two Hundred Day Moving Average of $12.07

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.07 and traded as high as $12.56. BlackRock MuniYield Pennsylvania Quality Fund shares last traded at $12.46, with a volume of 7,947 shares.

BlackRock MuniYield Pennsylvania Quality Fund Stock Down 0.7 %

The company has a 50 day moving average of $12.34 and a 200-day moving average of $12.08.

BlackRock MuniYield Pennsylvania Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Monday, July 15th will be given a $0.066 dividend. The ex-dividend date of this dividend is Monday, July 15th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 6.42%.

Institutional Trading of BlackRock MuniYield Pennsylvania Quality Fund

A number of institutional investors have recently bought and sold shares of the business. Whitebox Advisors LLC bought a new position in BlackRock MuniYield Pennsylvania Quality Fund in the 1st quarter valued at about $210,000. Blue Bell Private Wealth Management LLC boosted its stake in shares of BlackRock MuniYield Pennsylvania Quality Fund by 273.4% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 20,490 shares of the investment management company’s stock valued at $248,000 after purchasing an additional 15,003 shares in the last quarter. Ethos Financial Group LLC acquired a new position in BlackRock MuniYield Pennsylvania Quality Fund during the 4th quarter worth approximately $349,000. Wolverine Asset Management LLC lifted its stake in shares of BlackRock MuniYield Pennsylvania Quality Fund by 1,037.2% in the 4th quarter. Wolverine Asset Management LLC now owns 13,556 shares of the investment management company’s stock valued at $158,000 after acquiring an additional 12,364 shares during the last quarter. Finally, Raymond James & Associates grew its position in BlackRock MuniYield Pennsylvania Quality Fund by 8.6% during the 4th quarter. Raymond James & Associates now owns 35,407 shares of the investment management company’s stock worth $412,000 after acquiring an additional 2,805 shares during the last quarter. Institutional investors own 24.70% of the company’s stock.

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.