BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Shares Pass Above 200 Day Moving Average – Here’s What Happened

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.32 and traded as high as $12.45. BlackRock MuniYield Pennsylvania Quality Fund shares last traded at $12.38, with a volume of 16,268 shares traded.

BlackRock MuniYield Pennsylvania Quality Fund Stock Down 1.2 %

The stock has a fifty day moving average of $12.42 and a 200-day moving average of $12.32.

BlackRock MuniYield Pennsylvania Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a $0.066 dividend. This represents a $0.79 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date of this dividend is Tuesday, October 15th.

Insider Buying and Selling

In related news, Portfolio Manager Phillip Soccio sold 2,056 shares of BlackRock MuniYield Pennsylvania Quality Fund stock in a transaction on Friday, October 4th. The stock was sold at an average price of $12.44, for a total value of $25,576.64. Following the transaction, the portfolio manager now directly owns 1 shares in the company, valued at $12.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BlackRock MuniYield Pennsylvania Quality Fund stock. Whitebox Advisors LLC purchased a new stake in shares of BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 17,315 shares of the investment management company’s stock, valued at approximately $210,000. Whitebox Advisors LLC owned approximately 0.13% of BlackRock MuniYield Pennsylvania Quality Fund at the end of the most recent quarter. 24.70% of the stock is currently owned by institutional investors and hedge funds.

About BlackRock MuniYield Pennsylvania Quality Fund

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.