Steward Partners Investment Advisory LLC Lowers Holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Steward Partners Investment Advisory LLC trimmed its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 11.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,624 shares of the financial services provider’s stock after selling 4,695 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.05% of BlackRock MuniYield Quality Fund worth $433,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Fifth Third Bancorp purchased a new stake in BlackRock MuniYield Quality Fund in the fourth quarter valued at $29,000. Larson Financial Group LLC boosted its stake in shares of 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 worth $120,000 after acquiring an additional 6,335 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter worth about $132,000. Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter worth about $160,000. Finally, Stifel Financial Corp purchased a new stake in shares of BlackRock MuniYield Quality Fund during the 3rd quarter worth about $187,000. 25.51% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Price Performance

MQY stock opened at $11.82 on Thursday. The company’s 50-day simple moving average is $11.86 and its 200-day simple moving average is $12.35. BlackRock MuniYield Quality Fund, Inc. has a 52-week low of $11.43 and a 52-week high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The company 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 dividend of $0.058 per share. This represents a $0.70 annualized dividend and a dividend yield of 5.89%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock MuniYield Quality Fund

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.