NewEdge Advisors LLC Has $491,000 Stock Holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

NewEdge Advisors LLC raised its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,656 shares of the financial services provider’s stock after purchasing an additional 3,693 shares during the quarter. NewEdge Advisors LLC owned 0.06% of BlackRock MuniYield Quality Fund worth $491,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Advisory Services Network LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 6.0% in the fourth quarter. Advisory Services Network LLC now owns 16,500 shares of the financial services provider’s stock valued at $190,000 after acquiring an additional 927 shares during the last quarter. Summit Trail Advisors LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 6.2% in the fourth quarter. Summit Trail Advisors LLC now owns 17,178 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 1,000 shares during the last quarter. Simon Quick Advisors LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 7.7% in the fourth quarter. Simon Quick Advisors LLC now owns 15,195 shares of the financial services provider’s stock valued at $175,000 after acquiring an additional 1,088 shares during the last quarter. Bank of Montreal Can raised its stake in shares of BlackRock MuniYield Quality Fund by 4.2% in the fourth quarter. Bank of Montreal Can now owns 30,038 shares of the financial services provider’s stock valued at $346,000 after acquiring an additional 1,202 shares during the last quarter. Finally, Clear Creek Financial Management LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 10.0% in the fourth quarter. Clear Creek Financial Management LLC now owns 16,654 shares of the financial services provider’s stock valued at $192,000 after acquiring an additional 1,511 shares during the last quarter. 25.51% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Trading Down 0.4 %

NYSE:MQY opened at $11.01 on Tuesday. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $13.29. The firm has a 50 day moving average of $11.50 and a 200-day moving average of $11.95.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date is Tuesday, April 15th.

BlackRock MuniYield Quality Fund Profile

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.