Truist Financial Corp Reduces Stock Position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Truist Financial Corp lessened its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 4.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,059 shares of the financial services provider’s stock after selling 879 shares during the quarter. Truist Financial Corp’s holdings in BlackRock MuniYield Quality Fund were worth $231,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in MQY. Janney Montgomery Scott LLC grew its stake in BlackRock MuniYield Quality Fund by 13.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 147,921 shares of the financial services provider’s stock valued at $1,939,000 after purchasing an additional 17,482 shares during the last quarter. Primoris Wealth Advisors LLC grew its stake in 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 valued at $531,000 after purchasing an additional 21,000 shares during the last quarter. Larson Financial Group LLC grew its stake in BlackRock MuniYield Quality Fund by 226.3% during the 3rd quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider’s stock valued at $120,000 after purchasing an additional 6,335 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in BlackRock MuniYield Quality Fund by 10.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock valued at $2,431,000 after purchasing an additional 17,695 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in BlackRock MuniYield Quality Fund by 6.2% during the 3rd quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock valued at $1,549,000 after purchasing an additional 6,874 shares during the last quarter. Hedge funds and other institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

Shares of MQY opened at $11.98 on Friday. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $11.43 and a 52 week high of $13.29. The stock’s 50-day moving average price is $11.83 and its 200-day moving average price is $12.37.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.81%.

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.