10,750 Shares in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Acquired by Mystic Asset Management Inc.

Mystic Asset Management Inc. bought a new position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 10,750 shares of the financial services provider’s stock, valued at approximately $122,000.

Other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $29,000. Assetmark Inc. acquired a new stake in BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $37,000. Signaturefd LLC acquired a new stake in BlackRock MuniYield Quality Fund in the 4th quarter worth approximately $58,000. Larson Financial Group LLC lifted its stake in BlackRock MuniYield Quality Fund by 226.3% during the 3rd quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider’s stock valued at $120,000 after acquiring an additional 6,335 shares during the period. Finally, Stratos Wealth Partners LTD. acquired a new stake in BlackRock MuniYield Quality Fund during the 4th quarter valued at approximately $132,000. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Stock Performance

Shares of NYSE MQY opened at $11.63 on Wednesday. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $11.43 and a 12 month high of $13.29. The company has a 50 day simple moving average of $11.85 and a two-hundred day simple moving average of $12.32.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a yield of 5.99%. The ex-dividend date 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.