BlackRock Municipal Income Quality Trust (NYSE:BYM) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. cut its holdings in BlackRock Municipal Income Quality Trust (NYSE:BYM) by 0.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 304,581 shares of the company’s stock after selling 1,323 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock Municipal Income Quality Trust were worth $3,533,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Americana Partners LLC grew its stake in BlackRock Municipal Income Quality Trust by 13.5% in the 4th quarter. Americana Partners LLC now owns 1,260,234 shares of the company’s stock worth $13,675,000 after acquiring an additional 150,023 shares during the period. Fiera Capital Corp grew its holdings in shares of BlackRock Municipal Income Quality Trust by 13.4% during the 4th quarter. Fiera Capital Corp now owns 562,973 shares of the company’s stock worth $6,311,000 after purchasing an additional 66,705 shares during the period. Stifel Financial Corp increased its position in BlackRock Municipal Income Quality Trust by 38.7% during the 3rd quarter. Stifel Financial Corp now owns 362,970 shares of the company’s stock worth $3,579,000 after purchasing an additional 101,231 shares in the last quarter. Robinson Capital Management LLC lifted its position in BlackRock Municipal Income Quality Trust by 48.4% during the fourth quarter. Robinson Capital Management LLC now owns 250,849 shares of the company’s stock valued at $2,832,000 after buying an additional 81,774 shares in the last quarter. Finally, AQR Arbitrage LLC increased its holdings in BlackRock Municipal Income Quality Trust by 117.9% in the 3rd quarter. AQR Arbitrage LLC now owns 213,397 shares of the company’s stock valued at $2,104,000 after purchasing an additional 115,447 shares in the last quarter.

BlackRock Municipal Income Quality Trust Trading Up 0.4 %

Shares of BYM stock opened at $11.46 on Friday. BlackRock Municipal Income Quality Trust has a 12 month low of $9.30 and a 12 month high of $11.65. The company’s fifty day moving average price is $11.21 and its two-hundred day moving average price is $11.29.

BlackRock Municipal Income Quality Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Friday, June 14th will be given a $0.052 dividend. This represents a $0.62 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend is Friday, June 14th.

BlackRock Municipal Income Quality Trust Company Profile

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.