Van ECK Associates Corp Has $2.14 Million Holdings in BlackRock Municipal Income Quality Trust (NYSE:BYM)

Van ECK Associates Corp raised its holdings in shares of BlackRock Municipal Income Quality Trust (NYSE:BYM) by 6.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 197,605 shares of the company’s stock after purchasing an additional 12,224 shares during the period. Van ECK Associates Corp’s holdings in BlackRock Municipal Income Quality Trust were worth $2,144,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Indiana Trust & Investment Management Co increased its stake in shares of BlackRock Municipal Income Quality Trust by 1.4% in the 4th quarter. Indiana Trust & Investment Management Co now owns 95,726 shares of the company’s stock valued at $1,039,000 after acquiring an additional 1,316 shares during the last quarter. Pathway Financial Advisers LLC increased its stake in shares of BlackRock Municipal Income Quality Trust by 1,104.1% in the 3rd quarter. Pathway Financial Advisers LLC now owns 5,888 shares of the company’s stock valued at $71,000 after acquiring an additional 5,399 shares during the last quarter. Larson Financial Group LLC increased its stake in shares of BlackRock Municipal Income Quality Trust by 225.4% in the 3rd quarter. Larson Financial Group LLC now owns 9,438 shares of the company’s stock valued at $114,000 after acquiring an additional 6,538 shares during the last quarter. Fortitude Family Office LLC bought a new stake in shares of BlackRock Municipal Income Quality Trust in the 3rd quarter valued at about $120,000. Finally, Simon Quick Advisors LLC bought a new stake in shares of BlackRock Municipal Income Quality Trust in the 4th quarter valued at about $109,000.

BlackRock Municipal Income Quality Trust Stock Down 0.5 %

Shares of BYM stock opened at $11.20 on Friday. The stock has a 50-day moving average of $11.08 and a 200-day moving average of $11.54. BlackRock Municipal Income Quality Trust has a one year low of $10.65 and a one year high of $12.38.

BlackRock Municipal Income Quality Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.95%.

BlackRock Municipal Income Quality Trust Profile

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.