BlackRock MuniYield Quality Fund (NYSE:MQY) Sees Strong Trading Volume – What’s Next?

Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 256,189 shares were traded during trading, an increase of 62% from the previous session’s volume of 158,337 shares.The stock last traded at $11.57 and had previously closed at $11.72.

BlackRock MuniYield Quality Fund Trading Down 0.3 %

The firm has a fifty day moving average price of $12.53 and a 200-day moving average price of $12.56.

BlackRock MuniYield Quality Fund Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MQY. Larson Financial Group LLC acquired a new position in BlackRock MuniYield Quality Fund in the 2nd quarter valued at approximately $34,000. Luken Investment Analytics LLC acquired a new position in BlackRock MuniYield Quality Fund during the 2nd quarter worth about $48,000. Stifel Financial Corp acquired a new stake in shares of BlackRock MuniYield Quality Fund in the third quarter valued at about $187,000. Clear Creek Financial Management LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 20.7% in the third quarter. Clear Creek Financial Management LLC now owns 15,143 shares of the financial services provider’s stock worth $199,000 after acquiring an additional 2,600 shares during the period. Finally, Primoris Wealth Advisors LLC increased its position in BlackRock MuniYield Quality Fund by 56.0% during the 2nd quarter. Primoris Wealth Advisors LLC now owns 19,500 shares of the financial services provider’s stock valued at $239,000 after purchasing an additional 7,000 shares during the period. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Company Profile

(Get Free Report)

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.

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