3,196 Shares in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Bought by Assetmark Inc.

Assetmark Inc. acquired a new stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,196 shares of the financial services provider’s stock, valued at approximately $37,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Fifth Third Bancorp acquired a new position in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $29,000. Larson Financial Group LLC grew its holdings in shares of BlackRock MuniYield Quality Fund by 226.3% during the third quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 6,335 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth about $132,000. Wolverine Asset Management LLC acquired a new position in BlackRock MuniYield Quality Fund during the fourth quarter worth approximately $160,000. Finally, Simon Quick Advisors LLC grew its position in shares of BlackRock MuniYield Quality Fund by 7.7% during the fourth quarter. Simon Quick Advisors LLC now owns 15,195 shares of the financial services provider’s stock worth $175,000 after acquiring an additional 1,088 shares during the last quarter. 25.51% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Stock Down 0.7 %

Shares of BlackRock MuniYield Quality Fund stock opened at $11.66 on Friday. The firm’s fifty day simple moving average is $11.86 and its 200-day simple moving average is $12.34. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $11.43 and a 12 month high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a $0.058 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.70 dividend on an annualized basis and a yield of 5.97%.

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.