14,100 Shares in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Acquired by Wheelhouse Advisory Group LLC

Wheelhouse Advisory Group LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 14,100 shares of the financial services provider’s stock, valued at approximately $172,000.

Several other large investors have also added to or reduced their stakes in MQY. LPL Financial LLC boosted its stake in shares of BlackRock MuniYield Quality Fund by 0.9% during the second quarter. LPL Financial LLC now owns 107,258 shares of the financial services provider’s stock valued at $1,361,000 after purchasing an additional 975 shares during the period. Brown Advisory Inc. increased its holdings in shares of BlackRock MuniYield Quality Fund by 6.7% during the third quarter. Brown Advisory Inc. now owns 16,265 shares of the financial services provider’s stock valued at $166,000 after acquiring an additional 1,015 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in BlackRock MuniYield Quality Fund by 9.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 12,456 shares of the financial services provider’s stock worth $127,000 after buying an additional 1,044 shares during the period. Simon Quick Advisors LLC increased its holdings in BlackRock MuniYield Quality Fund by 7.2% in the 4th quarter. Simon Quick Advisors LLC now owns 18,662 shares of the financial services provider’s stock worth $227,000 after buying an additional 1,246 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund by 11.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,786 shares of the financial services provider’s stock worth $141,000 after buying an additional 1,297 shares during the period. Hedge funds and other institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

Shares of NYSE MQY traded down $0.03 during midday trading on Friday, reaching $11.94. 59,320 shares of the stock were exchanged, compared to its average volume of 164,309. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $9.82 and a twelve month high of $12.52. The firm has a 50-day simple moving average of $12.25 and a two-hundred day simple moving average of $11.67.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be issued a $0.058 dividend. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.70 dividend on an annualized basis and a yield of 5.83%.

BlackRock MuniYield Quality Fund Company 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.