84,813 Shares in BlackRock MuniYield Quality Fund, Inc. $MQY Bought by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. bought a new position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 84,813 shares of the financial services provider’s stock, valued at approximately $931,000.

A number of other large investors also recently made changes to their positions in MQY. Global Retirement Partners LLC purchased a new stake in BlackRock MuniYield Quality Fund in the fourth quarter worth $32,000. Garton & Associates Financial Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 4th quarter worth $32,000. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 4th quarter worth $69,000. Pinnacle Bancorp Inc. bought a new stake in BlackRock MuniYield Quality Fund in the 1st quarter valued at about $75,000. Finally, Hollencrest Capital Management lifted its holdings in BlackRock MuniYield Quality Fund by 189.7% during the fourth quarter. Hollencrest Capital Management now owns 6,730 shares of the financial services provider’s stock valued at $76,000 after purchasing an additional 4,407 shares during the last quarter. 25.51% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund Price Performance

Shares of MQY traded down $0.01 during trading hours on Tuesday, hitting $11.61. The company’s stock had a trading volume of 287,476 shares, compared to its average volume of 351,251. The business has a 50 day simple moving average of $11.41 and a two-hundred day simple moving average of $11.45. BlackRock MuniYield Quality Fund, Inc. has a 52-week low of $10.78 and a 52-week high of $11.94.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.