BlackRock Municipal Income Quality Trust (NYSE:BYM) Shares Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC grew its stake in shares of BlackRock Municipal Income Quality Trust (NYSE:BYM) by 7,016.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,349 shares of the company’s stock after acquiring an additional 21,049 shares during the quarter. Wolverine Asset Management LLC’s holdings in BlackRock Municipal Income Quality Trust were worth $232,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of BYM. Pathway Financial Advisers LLC increased its position in BlackRock Municipal Income Quality Trust by 1,104.1% during the third quarter. Pathway Financial Advisers LLC now owns 5,888 shares of the company’s stock worth $71,000 after purchasing an additional 5,399 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in shares of BlackRock Municipal Income Quality Trust during the 4th quarter valued at $109,000. Larson Financial Group LLC increased its holdings in shares of BlackRock Municipal Income Quality Trust by 225.4% during the 3rd quarter. Larson Financial Group LLC now owns 9,438 shares of the company’s stock worth $114,000 after buying an additional 6,538 shares during the last quarter. Fortitude Family Office LLC purchased a new position in shares of BlackRock Municipal Income Quality Trust in the 3rd quarter worth $120,000. Finally, Indiana Trust & Investment Management Co boosted its holdings in BlackRock Municipal Income Quality Trust by 1.4% in the fourth quarter. Indiana Trust & Investment Management Co now owns 95,726 shares of the company’s stock valued at $1,039,000 after acquiring an additional 1,316 shares during the last quarter.

BlackRock Municipal Income Quality Trust Price Performance

BYM stock opened at $11.25 on Monday. The stock has a 50-day moving average price of $11.07 and a two-hundred day moving average price of $11.53. BlackRock Municipal Income Quality Trust has a 12-month low of $10.65 and a 12-month high of $12.38.

BlackRock Municipal Income Quality Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a $0.0555 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.67 annualized dividend and a yield of 5.92%.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.