Indiana Trust & Investment Management Co Raises Stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Indiana Trust & Investment Management Co increased its stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 1.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,533 shares of the financial services provider’s stock after purchasing an additional 1,584 shares during the quarter. Indiana Trust & Investment Management Co’s holdings in BlackRock MuniYield Quality Fund were worth $1,285,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp purchased a new position in BlackRock MuniYield Quality Fund in the fourth quarter valued at about $29,000. Larson Financial Group LLC grew its holdings in shares of BlackRock MuniYield Quality Fund by 226.3% in the 3rd quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 6,335 shares during the period. Stratos Wealth Partners LTD. purchased a new position in BlackRock MuniYield Quality Fund in the 4th quarter valued at approximately $132,000. Simon Quick Advisors LLC raised its holdings in BlackRock MuniYield Quality Fund by 7.7% during the fourth quarter. Simon Quick Advisors LLC now owns 15,195 shares of the financial services provider’s stock worth $175,000 after purchasing an additional 1,088 shares during the last quarter. Finally, Stifel Financial Corp purchased a new stake in BlackRock MuniYield Quality Fund during the third quarter worth $187,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

BlackRock MuniYield Quality Fund stock opened at $12.01 on Wednesday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $11.43 and a fifty-two week high of $13.29. The stock’s fifty day moving average is $11.96 and its two-hundred day moving average is $12.43.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.058 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.70 annualized dividend and a yield of 5.80%.

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.