Cornerstone Advisory LLC Sells 46,281 Shares of BlackRock MuniYield Quality Fund, Inc. $MQY

Cornerstone Advisory LLC reduced its position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,049,409 shares of the financial services provider’s stock after selling 46,281 shares during the quarter. BlackRock MuniYield Quality Fund comprises about 1.1% of Cornerstone Advisory LLC’s holdings, making the stock its 22nd biggest holding. Cornerstone Advisory LLC’s holdings in BlackRock MuniYield Quality Fund were worth $11,858,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Clear Creek Financial Management LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 6.2% in the fourth quarter. Clear Creek Financial Management LLC now owns 17,111 shares of the financial services provider’s stock valued at $193,000 after acquiring an additional 1,000 shares during the period. Stratos Wealth Partners LTD. boosted its position in shares of BlackRock MuniYield Quality Fund by 17.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 53,948 shares of the financial services provider’s stock valued at $610,000 after acquiring an additional 8,000 shares during the period. Hennion & Walsh Asset Management Inc. boosted its position in shares of BlackRock MuniYield Quality Fund by 35.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,428,403 shares of the financial services provider’s stock valued at $16,141,000 after acquiring an additional 370,808 shares during the period. Dakota Wealth Management bought a new position in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at approximately $171,000. Finally, Moody National Bank Trust Division bought a new position in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at approximately $113,000. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Down 0.0%

Shares of MQY opened at $11.44 on Friday. The firm’s 50 day simple moving average is $11.44 and its 200 day simple moving average is $11.48. BlackRock MuniYield Quality Fund, Inc. has a 1-year low of $10.78 and a 1-year high of $11.94.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.058 dividend. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th.

About BlackRock MuniYield Quality Fund

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.