BlackRock Municipal Income Quality Trust (NYSE:BYM) Shares Acquired by LM Advisors LLC

LM Advisors LLC grew its holdings in BlackRock Municipal Income Quality Trust (NYSE:BYM) by 7.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 170,496 shares of the company’s stock after buying an additional 12,260 shares during the period. LM Advisors LLC’s holdings in BlackRock Municipal Income Quality Trust were worth $1,850,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Larson Financial Group LLC boosted its stake in BlackRock Municipal Income Quality Trust by 225.4% during the third 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 period. Hennion & Walsh Asset Management Inc. boosted its position in shares of BlackRock Municipal Income Quality Trust by 33.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 641,301 shares of the company’s stock worth $6,958,000 after purchasing an additional 159,220 shares during the period. Simon Quick Advisors LLC acquired a new stake in BlackRock Municipal Income Quality Trust in the 4th quarter valued at approximately $109,000. Indiana Trust & Investment Management Co raised its position in BlackRock Municipal Income Quality Trust by 1.4% in the fourth quarter. Indiana Trust & Investment Management Co now owns 95,726 shares of the company’s stock valued at $1,039,000 after purchasing an additional 1,316 shares during the period. Finally, Van ECK Associates Corp lifted its stake in BlackRock Municipal Income Quality Trust by 6.6% during the fourth quarter. Van ECK Associates Corp now owns 197,605 shares of the company’s stock worth $2,144,000 after purchasing an additional 12,224 shares in the last quarter.

BlackRock Municipal Income Quality Trust Stock Down 0.6 %

Shares of NYSE BYM opened at $10.81 on Thursday. BlackRock Municipal Income Quality Trust has a twelve month low of $10.65 and a twelve month high of $12.38. The stock has a fifty day simple moving average of $11.12 and a 200-day simple moving average of $11.38.

BlackRock Municipal Income Quality Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be issued a $0.0555 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.67 dividend on an annualized basis and a yield of 6.16%.

About BlackRock Municipal Income Quality Trust

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.