Sanctuary Advisors LLC Decreases Stock Holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Sanctuary Advisors LLC reduced its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 7.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,957 shares of the financial services provider’s stock after selling 3,437 shares during the period. Sanctuary Advisors LLC owned 0.06% of BlackRock MuniYield Quality Fund worth $565,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. HighTower Advisors LLC grew its holdings in BlackRock MuniYield Quality Fund by 6.2% in the 3rd quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock valued at $1,549,000 after buying an additional 6,874 shares in the last quarter. Pathway Financial Advisers LLC boosted its position in shares of BlackRock MuniYield Quality Fund by 7,424.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock valued at $3,909,000 after acquiring an additional 294,215 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in shares of BlackRock MuniYield Quality Fund by 41.8% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 692,268 shares of the financial services provider’s stock valued at $9,076,000 after purchasing an additional 204,079 shares during the period. WealthBridge Capital Management LLC increased its position in BlackRock MuniYield Quality Fund by 7.6% during the third quarter. WealthBridge Capital Management LLC now owns 42,265 shares of the financial services provider’s stock worth $554,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in BlackRock MuniYield Quality Fund during the second quarter worth about $378,000. 25.51% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Trading Down 0.3 %

NYSE:MQY opened at $11.68 on Thursday. The company’s 50-day moving average is $12.50 and its two-hundred day moving average is $12.56. BlackRock MuniYield Quality Fund, Inc. has a 1-year low of $11.51 and a 1-year high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.96%. The ex-dividend date is Monday, December 16th.

About BlackRock MuniYield Quality Fund

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.