Van ECK Associates Corp sells 19,236 shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Van ECK Associates Corp reduced its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY – Free Report) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 418,472 shares of the financial services provider’s stock after selling 19,236 shares during the period. Van ECK Associates Corp owned about 0.57% of BlackRock MuniYield Quality Fund worth $5,139,000 at the end of the most recent quarter.

Several other large investors have recently added to or reduced their stakes in MQY. Cornerstone Advisory LLC raised its position in BlackRock MuniYield Quality Fund by 51.3% during the 4th quarter. Cornerstone Advisory LLC now owns 890,576 shares of the financial services provider’s stock worth $10,856,000 after buying an additional 301,828 shares. of shares during the period. Robinson Capital Management LLC grew its position in BlackRock MuniYield Quality Fund by 28.1% during the 4th quarter. Robinson Capital Management LLC now owns 769,871 shares of the financial services provider’s stock worth $9,493,000 after bought another 168,684 shares during the period. Wells Fargo & Company MN raised its position in shares of BlackRock MuniYield Quality Fund by 21.8% in the fourth quarter. Wells Fargo & Company MN now owns 749,958 shares of the financial services provider’s stock worth $9,142,000 after purchasing an additional 134,262 shares during the period. Advisors Asset Management Inc. raised its stake in BlackRock MuniYield Quality Fund by 31.1% in the first quarter. Advisors Asset Management Inc. now owns 280,012 shares of the financial services provider’s stock valued at $3,430,000 after purchasing an additional 66,461 shares in the last quarter. Finally, Fiera Capital Corp lifted its position in BlackRock MuniYield Quality Fund by 8.3% during the fourth quarter. Fiera Capital Corp now owns 859,502 shares of the financial services provider’s stock worth $10,477,000 after buying an additional 66,152 shares during the period. Institutional investors hold 25.51% of the company’s shares.

BlackRock MuniYield quality fund trading rose 0.2%

Shares of BlackRock MuniYield Quality Fund stock opened at $12.65 on Wednesday. The company’s 50-day moving average price is $12.42, and its two-hundred-day moving average price is $12.25. BlackRock MuniYield Quality Fund, Inc. it has a 12-month low of $9.82 and a 12-month high of $12.71.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a $0.058 dividend. The ex-dividend date of this dividend was Thursday, August 15. This represents a dividend of $0.70 on an annualized basis and a yield of 5.50%.

About BlackRock MuniYield Quality Fund

(Free Report)

BlackRock MuniYield Quality Fund, Inc is a closed-end fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. Invest in long-term municipal bonds whose interest is exempt from federal income taxes. The fund also invests in short-term securities.

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