Hennion & Walsh Asset Management Inc. Has $10.77 Million Stock Holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Hennion & Walsh Asset Management Inc. lifted its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 35.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 934,768 shares of the financial services provider’s stock after buying an additional 242,500 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniYield Quality Fund were worth $10,769,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pathway Financial Advisers LLC boosted its position in BlackRock MuniYield Quality Fund by 7,424.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock worth $3,909,000 after buying an additional 294,215 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of BlackRock MuniYield Quality Fund by 10.5% during the third quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock worth $2,431,000 after purchasing an additional 17,695 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of BlackRock MuniYield Quality Fund by 13.4% in the third quarter. Janney Montgomery Scott LLC now owns 147,921 shares of the financial services provider’s stock worth $1,939,000 after purchasing an additional 17,482 shares during the last quarter. HighTower Advisors LLC increased its holdings in BlackRock MuniYield Quality Fund by 6.2% in the third quarter. HighTower Advisors LLC now owns 118,024 shares of the financial services provider’s stock valued at $1,549,000 after purchasing an additional 6,874 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in BlackRock MuniYield Quality Fund by 20.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 73,737 shares of the financial services provider’s stock worth $906,000 after purchasing an additional 12,558 shares during the last quarter. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Up 0.5 %

Shares of MQY opened at $11.72 on Thursday. The stock’s 50-day moving average price is $12.19 and its two-hundred day moving average price is $12.49. BlackRock MuniYield Quality Fund, Inc. has a 12 month low of $11.43 and a 12 month high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a $0.058 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date is Wednesday, January 15th.

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.