Stratos Wealth Partners LTD. Purchases 4,149 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Stratos Wealth Partners LTD. boosted its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYFree Report) by 36.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,577 shares of the financial services provider’s stock after acquiring an additional 4,149 shares during the period. Stratos Wealth Partners LTD.’s holdings in BlackRock MuniYield Quality Fund were worth $182,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of MQY. Advisory Services Network LLC raised its position in shares of BlackRock MuniYield Quality Fund by 6.0% in the 4th quarter. Advisory Services Network LLC now owns 16,500 shares of the financial services provider’s stock worth $190,000 after purchasing an additional 927 shares during the last quarter. Bank of Montreal Can boosted its stake in BlackRock MuniYield Quality Fund by 4.2% in the 4th quarter. Bank of Montreal Can now owns 30,038 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 1,202 shares during the period. Cetera Investment Advisers boosted its stake in BlackRock MuniYield Quality Fund by 8.4% in the 4th quarter. Cetera Investment Advisers now owns 21,621 shares of the financial services provider’s stock worth $249,000 after purchasing an additional 1,680 shares during the period. Stifel Financial Corp raised its holdings in shares of BlackRock MuniYield Quality Fund by 14.5% during the 4th quarter. Stifel Financial Corp now owns 16,288 shares of the financial services provider’s stock worth $188,000 after acquiring an additional 2,060 shares in the last quarter. Finally, NBC Securities Inc. raised its holdings in shares of BlackRock MuniYield Quality Fund by 106,366.7% during the 1st quarter. NBC Securities Inc. now owns 3,194 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 3,191 shares in the last quarter. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

NYSE:MQY opened at $10.92 on Thursday. The stock’s fifty day moving average is $11.05 and its 200 day moving average is $11.41. 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 Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a $0.058 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.70 dividend on an annualized basis and a yield of 6.37%.

BlackRock MuniYield Quality Fund Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for BlackRock MuniYield Quality Fund (NYSE:MQY)

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