Rothschild Investment LLC Invests $378,000 in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Rothschild Investment LLC purchased a new position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,774 shares of the financial services provider’s stock, valued at approximately $378,000.

Several other large investors have also recently added to or reduced their stakes in MQY. Private Advisor Group LLC lifted its holdings in BlackRock MuniYield Quality Fund by 8.5% in the fourth quarter. Private Advisor Group LLC now owns 12,837 shares of the financial services provider’s stock valued at $156,000 after acquiring an additional 1,001 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 1.3% in the first quarter. Janney Montgomery Scott LLC now owns 132,872 shares of the financial services provider’s stock valued at $1,628,000 after purchasing an additional 1,761 shares during the period. TruNorth Capital Management LLC purchased a new stake in BlackRock MuniYield Quality Fund during the second quarter worth about $26,000. Primoris Wealth Advisors LLC grew its position in BlackRock MuniYield Quality Fund by 25.0% during the first quarter. Primoris Wealth Advisors LLC now owns 12,500 shares of the financial services provider’s stock worth $153,000 after buying an additional 2,500 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in BlackRock MuniYield Quality Fund by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 61,144 shares of the financial services provider’s stock valued at $751,000 after buying an additional 2,771 shares in the last quarter. 25.51% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Trading Up 0.1 %

MQY stock opened at $12.63 on Monday. The firm has a 50 day moving average of $12.40 and a 200-day moving average of $12.24. BlackRock MuniYield Quality Fund, Inc. has a 12-month low of $9.82 and a 12-month high of $12.66.

BlackRock MuniYield Quality Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be issued a dividend of $0.058 per share. The ex-dividend date is Thursday, August 15th. This represents a $0.70 annualized dividend and a yield of 5.51%.

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.