Palogic Value Management L.P. Sells 3,743 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Palogic Value Management L.P. decreased its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 16.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 19,005 shares of the financial services provider’s stock after selling 3,743 shares during the period. Palogic Value Management L.P.’s holdings in BlackRock MuniYield Quality Fund were worth $219,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund by 35.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock valued at $10,769,000 after buying an additional 242,500 shares during the period. Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund during the fourth quarter valued at about $2,558,000. Van ECK Associates Corp increased its stake in BlackRock MuniYield Quality Fund by 6.1% during the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock valued at $4,954,000 after purchasing an additional 24,874 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in BlackRock MuniYield Quality Fund by 10.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock worth $2,431,000 after acquiring an additional 17,695 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund by 18.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 111,109 shares of the financial services provider’s stock worth $1,280,000 after purchasing an additional 17,470 shares during the period. Institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

Shares of MQY stock opened at $11.73 on Friday. The business has a 50-day simple moving average of $11.86 and a 200-day simple moving average of $12.27. BlackRock MuniYield Quality Fund, Inc. has a 52-week low of $11.43 and a 52-week high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date of this dividend is Friday, March 14th.

About BlackRock MuniYield Quality Fund

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.