BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC reduced its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 6.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,443 shares of the financial services provider’s stock after selling 1,850 shares during the period. Concurrent Investment Advisors LLC’s holdings in BlackRock MuniYield Quality Fund were worth $337,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MQY. Cornerstone Advisory LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 51.3% in the 4th quarter. Cornerstone Advisory LLC now owns 890,576 shares of the financial services provider’s stock worth $10,856,000 after acquiring an additional 301,828 shares during the period. Robinson Capital Management LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 28.1% in the 4th quarter. Robinson Capital Management LLC now owns 769,871 shares of the financial services provider’s stock worth $9,493,000 after acquiring an additional 168,684 shares during the period. Wells Fargo & Company MN lifted its stake in shares of BlackRock MuniYield Quality Fund by 21.8% in the 4th quarter. Wells Fargo & Company MN now owns 749,958 shares of the financial services provider’s stock worth $9,142,000 after acquiring an additional 134,262 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of BlackRock MuniYield Quality Fund by 31.1% in the 1st quarter. Advisors Asset Management Inc. now owns 280,012 shares of the financial services provider’s stock worth $3,430,000 after acquiring an additional 66,461 shares during the period. Finally, Fiera Capital Corp lifted its stake in shares of BlackRock MuniYield Quality Fund by 8.3% in the 4th quarter. Fiera Capital Corp now owns 859,502 shares of the financial services provider’s stock worth $10,477,000 after acquiring an additional 66,152 shares during the period. 25.51% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Trading Up 0.2 %

NYSE MQY opened at $12.65 on Wednesday. The company’s 50 day simple moving average is $12.42 and its 200 day simple moving average is $12.25. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $9.82 and a 12 month high of $12.71.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were issued a $0.058 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.50%.

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.