1 day Ago By Defense World Staff
Raymond James Financial Inc. bought a new position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC.
The firm bought 222,059 shares of the financial services provider’s stock, valued at approximately $2,558,000. Raymond James Financial Inc. owned about 0.
30% of BlackRock MuniYield Quality Fund as of its most recent SEC filing. Several other institutional investors have also modified their holdings of the stock. Hennion & Walsh Asset Management Inc.
raised its stake in BlackRock MuniYield Quality Fund by 35.0% during the fourth quarter. Hennion & Walsh Asset Management Inc.
now owns 934,768 shares of the financial services provider’s stock worth $10,769,000 after purchasing an additional 242,500 shares during the period. Van ECK Associates Corp raised its position in shares of BlackRock MuniYield Quality Fund by 6.1% during the 4th quarter.
Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock valued at $4,954,000 after buying an additional 24,874 shares during the period. Janney Montgomery Scott LLC lifted its holdings in BlackRock MuniYield Quality Fund by 10.4% in the fourth quarter.
Janney Montgomery Scott LLC now owns 163,262 shares of the financial services provider’s stock valued at $1,881,000 after acquiring an additional 15,341 shares during the last quarter. StoneX Group Inc. purchased a new position in BlackRock MuniYield Quality Fund in the fourth quarter worth approximately $1,728,000.
Finally, Indiana Trust & Investment Management Co raised its position in BlackRock MuniYield Quality Fund by 1.4% in the fourth quarter. Indiana Trust & Investment Management Co now owns 111,533 shares of the financial services provider’s stock valued at $1,285,000 after purchasing an additional 1,584 shares during the period.
Hedge funds and other institutional investors own 25.51% of the company’s stock. BlackRock MuniYield Quality Fund Price PerformanceShares of NYSE:MQY opened at $11.
05 on Wednesday. The business has a 50-day moving average price of $11.48 and a 200 day moving average price of $11.
95. BlackRock MuniYield Quality Fund, Inc. has a 12-month low of $10.
52 and a 12-month high of $13.29. BlackRock MuniYield Quality Fund Dividend AnnouncementThe company also recently announced a monthly dividend, which will be paid on Thursday, May 1st.
Shareholders of record on Tuesday, April 15th will be given a $0.058 dividend. This represents a $0.
70 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date of this dividend is Tuesday, April 15th.
About BlackRock MuniYield Quality Fund (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.
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