Raymond James & Associates Buys 4,831 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Raymond James & Associates increased its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 3.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 156,590 shares of the financial services provider’s stock after buying an additional 4,831 shares during the period. Raymond James & Associates’ holdings in BlackRock MuniYield Quality Fund were worth $1,909,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. ICA Group Wealth Management LLC bought a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at $28,000. NBC Securities Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund during the third quarter worth $32,000. Captrust Financial Advisors acquired a new stake in shares of BlackRock MuniYield Quality Fund during the second quarter worth $52,000. Anchor Investment Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter worth $73,000. Finally, Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund during the third quarter worth $75,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

MQY opened at $12.03 on Thursday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $12.52. The stock has a fifty day moving average of $12.26 and a 200-day moving average of $11.67.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be issued a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date is Friday, April 12th.

BlackRock MuniYield Quality Fund Company 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.