95,713 Shares in BlackRock MuniYield Quality Fund, Inc. $MQY Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) during the 4th quarter, HoldingsChannel reports. The firm bought 95,713 shares of the financial services provider’s stock, valued at approximately $1,082,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC grew its stake in BlackRock MuniYield Quality Fund by 6.2% during the 4th quarter. Clear Creek Financial Management LLC now owns 17,111 shares of the financial services provider’s stock worth $193,000 after buying an additional 1,000 shares during the last quarter. First Horizon Corp purchased a new stake in BlackRock MuniYield Quality Fund during the 3rd quarter worth approximately $34,000. NewEdge Advisors LLC grew its position in BlackRock MuniYield Quality Fund by 7.4% during the 1st quarter. NewEdge Advisors LLC now owns 45,824 shares of the financial services provider’s stock worth $537,000 after purchasing an additional 3,168 shares during the last quarter. Polar Asset Management Partners Inc. grew its position in BlackRock MuniYield Quality Fund by 1.5% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 261,764 shares of the financial services provider’s stock worth $3,050,000 after purchasing an additional 3,994 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in BlackRock MuniYield Quality Fund by 20.6% during the 2nd quarter. Cetera Investment Advisers now owns 28,876 shares of the financial services provider’s stock worth $321,000 after purchasing an additional 4,939 shares during the last quarter. 25.51% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund Price Performance

NYSE:MQY opened at $11.44 on Wednesday. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $10.78 and a twelve month high of $11.94. The company’s 50 day moving average is $11.40 and its two-hundred day moving average is $11.47.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.058 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock MuniYield Quality Fund Profile

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.