Janney Montgomery Scott LLC Acquires 15,341 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Janney Montgomery Scott LLC increased its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 10.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 163,262 shares of the financial services provider’s stock after acquiring an additional 15,341 shares during the period. Janney Montgomery Scott LLC owned about 0.22% of BlackRock MuniYield Quality Fund worth $1,881,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MQY. Pathway Financial Advisers LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 7,424.0% during the third quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock valued at $3,909,000 after acquiring an additional 294,215 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in BlackRock MuniYield Quality Fund by 35.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after purchasing an additional 242,500 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund in the 2nd quarter worth $584,000. Primoris Wealth Advisors LLC grew its position in shares of BlackRock MuniYield Quality Fund by 107.7% during the 3rd quarter. Primoris Wealth Advisors LLC now owns 40,500 shares of the financial services provider’s stock worth $531,000 after buying an additional 21,000 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in shares of BlackRock MuniYield Quality Fund by 10.5% during the third quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock valued at $2,431,000 after buying an additional 17,695 shares during the period. Hedge funds and other institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

NYSE:MQY opened at $11.88 on Monday. The firm has a 50-day simple moving average of $12.04 and a 200-day simple moving average of $12.44. BlackRock MuniYield Quality Fund, Inc. has a one year low of $11.43 and a one year high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.86%. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock MuniYield Quality Fund 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.