BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) Short Interest Update

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 5,669 shares, a decrease of 76.8% from the December 15th total of 24,397 shares. Based on an average trading volume of 58,184 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 58,184 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of BlackRock MuniYield Pennsylvania Quality Fund

Several hedge funds have recently made changes to their positions in MPA. Royal Bank of Canada grew its stake in BlackRock MuniYield Pennsylvania Quality Fund by 2.3% during the 1st quarter. Royal Bank of Canada now owns 66,568 shares of the investment management company’s stock worth $746,000 after buying an additional 1,500 shares during the last quarter. Aviance Capital Partners LLC boosted its holdings in shares of BlackRock MuniYield Pennsylvania Quality Fund by 13.8% during the second quarter. Aviance Capital Partners LLC now owns 17,959 shares of the investment management company’s stock valued at $194,000 after acquiring an additional 2,178 shares during the period. Ethos Financial Group LLC bought a new position in shares of BlackRock MuniYield Pennsylvania Quality Fund during the second quarter worth about $271,000. Raymond James Financial Inc. increased its holdings in shares of BlackRock MuniYield Pennsylvania Quality Fund by 5.6% in the 2nd quarter. Raymond James Financial Inc. now owns 18,957 shares of the investment management company’s stock worth $205,000 after acquiring an additional 1,000 shares during the period. Finally, Osaic Holdings Inc. lifted its position in BlackRock MuniYield Pennsylvania Quality Fund by 50.4% in the 2nd quarter. Osaic Holdings Inc. now owns 57,496 shares of the investment management company’s stock valued at $620,000 after purchasing an additional 19,266 shares during the last quarter. Institutional investors own 24.70% of the company’s stock.

BlackRock MuniYield Pennsylvania Quality Fund Price Performance

Shares of MPA traded up $0.07 during midday trading on Tuesday, hitting $11.32. The company had a trading volume of 17,274 shares, compared to its average volume of 16,497. BlackRock MuniYield Pennsylvania Quality Fund has a 52 week low of $10.26 and a 52 week high of $12.08. The company’s 50 day moving average price is $11.24 and its 200 day moving average price is $11.09.

BlackRock MuniYield Pennsylvania Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a $0.0477 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Friday, March 13th.

About BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) is a non-diversified, closed-end management investment company whose primary objective is to provide shareholders with current income exempt from regular U.S. federal and Pennsylvania personal income taxes, and to a lesser extent, capital appreciation. The fund pursues its objective by investing in municipal securities that are issued by or for the benefit of the Commonwealth of Pennsylvania and its political subdivisions.

In managing its portfolio, the fund typically allocates at least 80% of its assets to investment-grade municipal bonds issued within Pennsylvania.