Raymond James Financial Services Advisors Inc. acquired a new stake in shares of BR-MUNIYLD QLTY (NYSE:MQY) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,903 shares of the financial services provider’s stock, valued at approximately $183,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Advisory LLP bought a new stake in BR-MUNIYLD QLTY in the second quarter worth approximately $814,000. Laurion Capital Management LP acquired a new stake in shares of BR-MUNIYLD QLTY in the second quarter worth $801,000. Fiduciary Financial Services of The Southwest Inc. TX acquired a new stake in shares of BR-MUNIYLD QLTY in the second quarter worth $183,000. Laurel Wealth Advisors Inc. acquired a new stake in shares of BR-MUNIYLD QLTY in the second quarter worth $166,000. Finally, SG Americas Securities LLC acquired a new stake in shares of BR-MUNIYLD QLTY in the second quarter worth $121,000. 12.36% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of BR-MUNIYLD QLTY (MQY) opened at $15.73 on Wednesday. BR-MUNIYLD QLTY has a one year low of $14.21 and a one year high of $16.10.
The company also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a $0.0725 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date of this dividend is Tuesday, November 14th.
BR-MUNIYLD QLTY Company Profile
BlackRock MuniYield Quality Fund, Inc (MQY) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
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