BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,024 shares of the financial services provider’s stock after purchasing an additional 6,874 shares during the period. HighTower Advisors LLC owned about 0.16% of BlackRock MuniYield Quality Fund worth $1,549,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Clear Creek Financial Management LLC lifted its holdings in BlackRock MuniYield Quality Fund by 20.7% during the 3rd quarter. Clear Creek Financial Management LLC now owns 15,143 shares of the financial services provider’s stock worth $199,000 after buying an additional 2,600 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in BlackRock MuniYield Quality Fund by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 61,144 shares of the financial services provider’s stock valued at $751,000 after purchasing an additional 2,771 shares in the last quarter. Larson Financial Group LLC acquired a new position in BlackRock MuniYield Quality Fund in the second quarter valued at approximately $34,000. WealthBridge Capital Management LLC increased its stake in BlackRock MuniYield Quality Fund by 7.6% in the third quarter. WealthBridge Capital Management LLC now owns 42,265 shares of the financial services provider’s stock valued at $554,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Luken Investment Analytics LLC acquired a new stake in BlackRock MuniYield Quality Fund during the second quarter worth approximately $48,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

Shares of NYSE:MQY opened at $12.56 on Monday. The firm has a 50 day simple moving average of $12.65 and a 200-day simple moving average of $12.56. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $11.72 and a twelve month high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.058 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.70 annualized dividend and a yield of 5.54%.

BlackRock MuniYield Quality Fund Company 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.