Indiana Trust & Investment Management Co Grows Position in BlackRock Municipal Income Quality Trust (NYSE:BYM)

Indiana Trust & Investment Management Co lifted its holdings in BlackRock Municipal Income Quality Trust (NYSE:BYM) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,726 shares of the company’s stock after buying an additional 1,316 shares during the quarter. Indiana Trust & Investment Management Co’s holdings in BlackRock Municipal Income Quality Trust were worth $1,039,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC increased its holdings in BlackRock Municipal Income Quality Trust by 1,104.1% in the third quarter. Pathway Financial Advisers LLC now owns 5,888 shares of the company’s stock worth $71,000 after buying an additional 5,399 shares during the last quarter. Larson Financial Group LLC lifted its position in BlackRock Municipal Income Quality Trust by 225.4% in the third quarter. Larson Financial Group LLC now owns 9,438 shares of the company’s stock worth $114,000 after purchasing an additional 6,538 shares during the period. Fortitude Family Office LLC acquired a new stake in BlackRock Municipal Income Quality Trust in the 3rd quarter valued at $120,000. Simon Quick Advisors LLC bought a new stake in shares of BlackRock Municipal Income Quality Trust during the fourth quarter valued at approximately $109,000. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in BlackRock Municipal Income Quality Trust by 33.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 641,301 shares of the company’s stock worth $6,958,000 after buying an additional 159,220 shares during the last quarter.

BlackRock Municipal Income Quality Trust Trading Down 0.3 %

BYM stock opened at $11.31 on Wednesday. The business’s 50-day moving average price is $11.14 and its two-hundred day moving average price is $11.56. BlackRock Municipal Income Quality Trust has a 1-year low of $10.65 and a 1-year high of $12.38.

BlackRock Municipal Income Quality Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.0555 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.67 dividend on an annualized basis and a yield of 5.89%.

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.