Mackay Shields LLC Sells 15,411 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Mackay Shields LLC reduced its holdings in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQYGet Rating) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 468,775 shares of the financial services provider’s stock after selling 15,411 shares during the quarter. Mackay Shields LLC owned 1.53% of BlackRock MuniYield Quality Fund worth $7,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Morgan Stanley lifted its holdings in BlackRock MuniYield Quality Fund by 4.9% in the third quarter. Morgan Stanley now owns 1,830,577 shares of the financial services provider’s stock valued at $29,655,000 after acquiring an additional 84,889 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in BlackRock MuniYield Quality Fund by 5.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 699,888 shares of the financial services provider’s stock valued at $11,338,000 after acquiring an additional 35,810 shares during the period. Van ECK Associates Corp lifted its holdings in BlackRock MuniYield Quality Fund by 8.1% in the fourth quarter. Van ECK Associates Corp now owns 372,290 shares of the financial services provider’s stock valued at $6,009,000 after acquiring an additional 27,764 shares during the period. Advisor Group Holdings Inc. lifted its holdings in BlackRock MuniYield Quality Fund by 2.5% in the fourth quarter. Advisor Group Holdings Inc. now owns 287,684 shares of the financial services provider’s stock valued at $4,644,000 after acquiring an additional 6,996 shares during the period. Finally, JFS Wealth Advisors LLC lifted its holdings in BlackRock MuniYield Quality Fund by 0.5% in the fourth quarter. JFS Wealth Advisors LLC now owns 226,998 shares of the financial services provider’s stock valued at $3,664,000 after acquiring an additional 1,185 shares during the period. 36.61% of the stock is currently owned by hedge funds and other institutional investors.

MQY stock opened at $12.77 on Monday. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $12.77 and a fifty-two week high of $17.20. The firm has a 50-day moving average price of $13.98.

The business also recently declared a monthly dividend, which will be paid on Monday, May 2nd. Shareholders of record on Thursday, April 14th will be given a $0.063 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 5.92%. The ex-dividend date of this dividend is Wednesday, April 13th.

About BlackRock MuniYield Quality Fund (Get Rating)

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.

Further Reading

Institutional Ownership by Quarter for BlackRock MuniYield Quality Fund (NYSE:MQY)

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