Bank of Montreal Can Grows Stock Holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Bank of Montreal Can lifted its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,038 shares of the financial services provider’s stock after acquiring an additional 1,202 shares during the period. Bank of Montreal Can’s holdings in BlackRock MuniYield Quality Fund were worth $346,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $29,000. Assetmark Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund during the 4th quarter valued at about $37,000. Signaturefd LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter worth $58,000. Mystic Asset Management Inc. bought a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at $122,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of BlackRock MuniYield Quality Fund in the 4th quarter worth about $132,000. 25.51% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Stock Performance

Shares of NYSE MQY opened at $10.81 on Thursday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $10.52 and a fifty-two week high of $13.29. The company’s 50 day simple moving average is $11.55 and its 200 day simple moving average is $12.01.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.70 annualized dividend and a dividend yield of 6.44%.

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.