Truist Financial Corp Sells 7,290 Shares of BlackRock MuniYield Quality Fund, Inc. $MQY

Truist Financial Corp reduced its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 35.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,067 shares of the financial services provider’s stock after selling 7,290 shares during the quarter. Truist Financial Corp’s holdings in BlackRock MuniYield Quality Fund were worth $145,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC increased its position in BlackRock MuniYield Quality Fund by 2.3% in the first quarter. Janney Montgomery Scott LLC now owns 167,000 shares of the financial services provider’s stock worth $1,956,000 after buying an additional 3,738 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in BlackRock MuniYield Quality Fund by 36.3% in the first quarter. Stratos Wealth Partners LTD. now owns 15,577 shares of the financial services provider’s stock worth $182,000 after buying an additional 4,149 shares during the last quarter. Bank of New York Mellon Corp increased its position in BlackRock MuniYield Quality Fund by 15.1% in the first quarter. Bank of New York Mellon Corp now owns 32,459 shares of the financial services provider’s stock worth $380,000 after buying an additional 4,260 shares during the last quarter. Cetera Investment Advisers increased its position in BlackRock MuniYield Quality Fund by 10.7% in the first quarter. Cetera Investment Advisers now owns 23,937 shares of the financial services provider’s stock worth $280,000 after buying an additional 2,316 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in BlackRock MuniYield Quality Fund in the first quarter worth $594,000. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Price Performance

NYSE:MQY opened at $11.51 on Friday. The business has a fifty day simple moving average of $11.40 and a two-hundred day simple moving average of $11.15. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $13.07.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a $0.058 dividend. 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.

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.