Janney Montgomery Scott LLC Boosts Stock Position in BlackRock MuniYield Quality Fund, Inc. $MQY

Janney Montgomery Scott LLC increased its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 173,353 shares of the financial services provider’s stock after acquiring an additional 6,353 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock MuniYield Quality Fund were worth $1,926,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MQY. U.S. Capital Wealth Advisors LLC grew its holdings in BlackRock MuniYield Quality Fund by 27.3% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 46,624 shares of the financial services provider’s stock valued at $518,000 after buying an additional 10,000 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund in the first quarter worth approximately $594,000. Polar Asset Management Partners Inc. purchased a new stake in BlackRock MuniYield Quality Fund in the first quarter valued at approximately $2,971,000. NewEdge Advisors LLC increased its position in BlackRock MuniYield Quality Fund by 7.4% during the first quarter. NewEdge Advisors LLC now owns 45,824 shares of the financial services provider’s stock worth $537,000 after purchasing an additional 3,168 shares during the last quarter. Finally, Cura Wealth Advisors LLC raised its stake in BlackRock MuniYield Quality Fund by 6.1% during the first quarter. Cura Wealth Advisors LLC now owns 363,000 shares of the financial services provider’s stock worth $4,251,000 after purchasing an additional 21,000 shares during the period. 25.51% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Trading Down 0.1%

Shares of MQY opened at $11.61 on Friday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $10.52 and a fifty-two week high of $13.10. The company’s fifty day moving average is $11.35 and its two-hundred day moving average is $11.16.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.058 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, October 15th.

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.