Pathway Financial Advisers LLC Sells 294,125 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Pathway Financial Advisers LLC decreased its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 98.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,053 shares of the financial services provider’s stock after selling 294,125 shares during the quarter. Pathway Financial Advisers LLC’s holdings in BlackRock MuniYield Quality Fund were worth $47,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Fifth Third Bancorp purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter worth approximately $29,000. Larson Financial Group LLC raised its position in BlackRock MuniYield Quality Fund by 226.3% in the 3rd quarter. Larson Financial Group LLC now owns 9,135 shares of the financial services provider’s stock valued at $120,000 after buying an additional 6,335 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in BlackRock MuniYield Quality Fund during the 4th quarter valued at $132,000. Stifel Financial Corp purchased a new position in BlackRock MuniYield Quality Fund during the 3rd quarter worth $187,000. Finally, Clear Creek Financial Management LLC grew its stake in shares of BlackRock MuniYield Quality Fund by 20.7% in the 3rd quarter. Clear Creek Financial Management LLC now owns 15,143 shares of the financial services provider’s stock worth $199,000 after acquiring an additional 2,600 shares in the last quarter. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

MQY opened at $11.85 on Friday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $11.43 and a fifty-two week high of $13.29. The company’s 50-day moving average is $11.93 and its 200 day moving average is $12.42.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be issued a $0.058 dividend. This represents a $0.70 annualized dividend and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, February 14th.

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.