BlackRock MuniYield Quality Fund, Inc. $MQY Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers grew its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 10.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,937 shares of the financial services provider’s stock after acquiring an additional 2,316 shares during the quarter. Cetera Investment Advisers’ holdings in BlackRock MuniYield Quality Fund were worth $280,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Journey Strategic Wealth LLC grew its stake in shares of BlackRock MuniYield Quality Fund by 77.3% in the first quarter. Journey Strategic Wealth LLC now owns 18,346 shares of the financial services provider’s stock valued at $215,000 after buying an additional 8,000 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of BlackRock MuniYield Quality Fund by 36.3% in the 1st quarter. Stratos Wealth Partners LTD. now owns 15,577 shares of the financial services provider’s stock worth $182,000 after purchasing an additional 4,149 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of BlackRock MuniYield Quality Fund by 15.1% in the 1st quarter. Bank of New York Mellon Corp now owns 32,459 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 4,260 shares during the last quarter. Bfsg LLC bought a new stake in shares of BlackRock MuniYield Quality Fund in the 1st quarter worth approximately $67,000. Finally, Janney Montgomery Scott LLC increased its position in BlackRock MuniYield Quality Fund by 2.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 167,000 shares of the financial services provider’s stock valued at $1,956,000 after acquiring an additional 3,738 shares during the period. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Stock Performance

MQY opened at $10.9150 on Thursday. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $10.52 and a 12 month high of $13.29. The stock’s 50 day moving average price is $11.00 and its 200 day moving average price is $11.28.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be given a dividend of $0.058 per share. The ex-dividend date is Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 6.4%.

BlackRock MuniYield Quality Fund 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.