180 Wealth Advisors LLC Purchases New Stake in BlackRock MuniYield Quality Fund, Inc. $MQY

180 Wealth Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYFree Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 73,311 shares of the financial services provider’s stock, valued at approximately $805,000.

A number of other large investors have also added to or reduced their stakes in MQY. Wolverine Asset Management LLC bought a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at about $1,082,000. Hennion & Walsh Asset Management Inc. lifted its stake in shares of BlackRock MuniYield Quality Fund by 35.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,428,403 shares of the financial services provider’s stock worth $16,141,000 after buying an additional 370,808 shares in the last quarter. River Street Advisors LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the first quarter valued at approximately $488,000. Koshinski Asset Management Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund during the first quarter valued at approximately $931,000. Finally, Rareview Capital LLC purchased a new position in BlackRock MuniYield Quality Fund in the 1st quarter worth approximately $4,930,000. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Trading Up 0.0%

Shares of MQY opened at $11.57 on Monday. The business’s fifty day simple moving average is $11.42 and its two-hundred day simple moving average is $11.46. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $10.78 and a 12 month high of $11.94.

BlackRock MuniYield Quality Fund Announces Dividend

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

About BlackRock MuniYield Quality Fund

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniYield Quality Fund (NYSE:MQY)

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