Indiana Trust & Investment Management Co Acquires 1,316 Shares of BlackRock Municipal Income Quality Trust (NYSE:BYM)

Indiana Trust & Investment Management Co boosted its position in BlackRock Municipal Income Quality Trust (NYSE:BYM) by 1.4% during the fourth quarter, HoldingsChannel reports. The fund owned 95,726 shares of the company’s stock after buying an additional 1,316 shares during the quarter. Indiana Trust & Investment Management Co’s holdings in BlackRock Municipal Income Quality Trust were worth $1,039,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pathway Financial Advisers LLC boosted its holdings in shares of BlackRock Municipal Income Quality Trust by 1,104.1% in the 3rd quarter. Pathway Financial Advisers LLC now owns 5,888 shares of the company’s stock worth $71,000 after purchasing an additional 5,399 shares in the last quarter. Simon Quick Advisors LLC bought a new position in BlackRock Municipal Income Quality Trust in the fourth quarter worth $109,000. Larson Financial Group LLC grew its stake in shares of BlackRock Municipal Income Quality Trust by 225.4% in the 3rd quarter. Larson Financial Group LLC now owns 9,438 shares of the company’s stock worth $114,000 after buying an additional 6,538 shares during the last quarter. Fortitude Family Office LLC purchased a new position in BlackRock Municipal Income Quality Trust in the third quarter worth about $120,000. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of BlackRock Municipal Income Quality Trust by 60.7% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 482,081 shares of the company’s stock valued at $5,804,000 after buying an additional 182,054 shares during the last quarter.

BlackRock Municipal Income Quality Trust Stock Performance

BlackRock Municipal Income Quality Trust stock opened at $11.31 on Wednesday. The business has a 50-day simple moving average of $11.14 and a two-hundred day simple moving average of $11.56. BlackRock Municipal Income Quality Trust has a 52-week low of $10.65 and a 52-week high of $12.38.

BlackRock Municipal Income Quality Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.0555 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.89%.

BlackRock Municipal Income Quality Trust 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.