Bank of Montreal Can Sells 14,623 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Bank of Montreal Can lessened its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 34.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 28,360 shares of the financial services provider’s stock after selling 14,623 shares during the period. Bank of Montreal Can’s holdings in BlackRock MuniYield Quality Fund were worth $372,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TruNorth Capital Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund in the second quarter worth about $26,000. Larson Financial Group LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the 2nd quarter valued at about $34,000. Pathway Financial Advisers LLC purchased a new position in shares of BlackRock MuniYield Quality Fund in the 1st quarter worth approximately $48,000. Luken Investment Analytics LLC bought a new position in BlackRock MuniYield Quality Fund during the second quarter valued at $48,000. Finally, Nomura Holdings Inc. purchased a new stake in BlackRock MuniYield Quality Fund in the 4th quarter valued at about $129,000. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Up 0.8 %

BlackRock MuniYield Quality Fund stock opened at $13.14 on Friday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $9.82 and a fifty-two week high of $13.29. The company has a 50 day moving average price of $12.79 and a 200-day moving average price of $12.38.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.058 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.70 annualized dividend and a dividend yield of 5.30%.

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.