Pathway Financial Advisers LLC Reduces Position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Pathway Financial Advisers LLC decreased its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 98.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,053 shares of the financial services provider’s stock after selling 294,125 shares during the period. Pathway Financial Advisers LLC’s holdings in BlackRock MuniYield Quality Fund were worth $47,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of MQY. Stifel Financial Corp purchased a new position in shares of BlackRock MuniYield Quality Fund in the third quarter valued at $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. Hennion & Walsh Asset Management Inc. grew its holdings in BlackRock MuniYield Quality Fund by 35.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after buying an additional 242,500 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of BlackRock MuniYield Quality Fund by 10.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 163,262 shares of the financial services provider’s stock valued at $1,881,000 after buying an additional 15,341 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter worth about $29,000. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

Shares of NYSE:MQY opened at $11.85 on Friday. The firm has a fifty day moving average price of $11.93 and a two-hundred day moving average price of $12.42. BlackRock MuniYield Quality Fund, Inc. has a one year low of $11.43 and a one year high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date is Friday, February 14th.

About BlackRock MuniYield Quality Fund

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.