Bank of America Corp DE Decreases Stock Position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Bank of America Corp DE lessened its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 7.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 858,006 shares of the financial services provider’s stock after selling 71,890 shares during the period. Bank of America Corp DE owned approximately 1.17% of BlackRock MuniYield Quality Fund worth $9,884,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at $29,000. Assetmark Inc. purchased a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at $37,000. Signaturefd LLC purchased a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at $58,000. Mystic Asset Management Inc. purchased a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at $122,000. Finally, Two Sigma Securities LLC purchased a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at $124,000. Hedge funds and other institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

NYSE:MQY opened at $10.96 on Friday. The stock’s fifty day moving average is $11.22 and its 200 day moving average is $11.76. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $10.52 and a fifty-two week high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.70 dividend on an annualized basis and a yield of 6.35%.

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.