BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 4.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,059 shares of the financial services provider’s stock after selling 879 shares during the quarter. Truist Financial Corp’s holdings in BlackRock MuniYield Quality Fund were worth $231,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of MQY. Van ECK Associates Corp raised its holdings in shares of BlackRock MuniYield Quality Fund by 6.1% during the fourth quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock valued at $4,954,000 after acquiring an additional 24,874 shares during the last quarter. Stifel Financial Corp acquired a new position in shares of BlackRock MuniYield Quality Fund during the third quarter valued at approximately $187,000. HighTower Advisors LLC raised its holdings in shares of BlackRock MuniYield Quality Fund by 6.2% during the third quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock valued at $1,549,000 after acquiring an additional 6,874 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at approximately $132,000. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of BlackRock MuniYield Quality Fund by 35.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after acquiring an additional 242,500 shares during the last quarter. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

MQY stock opened at $11.98 on Friday. The business has a 50 day simple moving average of $11.83 and a 200-day simple moving average of $12.37. BlackRock MuniYield Quality Fund, Inc. has a 1 year low of $11.43 and a 1 year high of $13.29.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a $0.058 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.81%.

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.