BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Position Trimmed by Advisors Asset Management Inc.

Advisors Asset Management Inc. trimmed its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 265,853 shares of the financial services provider’s stock after selling 5,638 shares during the period. Advisors Asset Management Inc. owned about 0.36% of BlackRock MuniYield Quality Fund worth $3,063,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp boosted its holdings in BlackRock MuniYield Quality Fund by 6.1% during the fourth quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock worth $4,954,000 after buying an additional 24,874 shares in the last quarter. Stifel Financial Corp acquired a new position in BlackRock MuniYield Quality Fund in the 3rd quarter worth approximately $187,000. HighTower Advisors LLC boosted its stake in BlackRock MuniYield Quality Fund by 6.2% in the 3rd quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock worth $1,549,000 after purchasing an additional 6,874 shares during the period. Stratos Wealth Partners LTD. acquired a new position in BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $132,000. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in BlackRock MuniYield Quality Fund by 35.0% in the 4th 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. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Up 0.7 %

BlackRock MuniYield Quality Fund stock opened at $11.78 on Friday. The company has a 50 day moving average price of $11.85 and a 200 day moving average price of $12.31. BlackRock MuniYield Quality Fund, Inc. has a 52 week low of $11.43 and a 52 week high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be paid a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Friday, March 14th.

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.