BlackRock MuniYield Quality Fund (NYSE:MQY) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.60 and traded as high as $11.60. BlackRock MuniYield Quality Fund shares last traded at $11.57, with a volume of 151,551 shares traded.

BlackRock MuniYield Quality Fund Price Performance

The stock’s 50 day moving average price is $11.60 and its 200 day moving average price is $11.23.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given a dividend of $0.058 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in MQY. Polar Asset Management Partners Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter valued at about $2,971,000. Westchester Capital Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund during the 1st quarter worth approximately $1,526,000. Landscape Capital Management L.L.C. grew its position in shares of BlackRock MuniYield Quality Fund by 187.7% during the 1st quarter. Landscape Capital Management L.L.C. now owns 109,218 shares of the financial services provider’s stock worth $1,279,000 after buying an additional 71,260 shares during the period. Cornerstone Advisory LLC increased its stake in shares of BlackRock MuniYield Quality Fund by 6.9% in the 1st quarter. Cornerstone Advisory LLC now owns 1,076,867 shares of the financial services provider’s stock valued at $12,061,000 after acquiring an additional 69,143 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of BlackRock MuniYield Quality Fund by 61.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 147,537 shares of the financial services provider’s stock valued at $1,639,000 after acquiring an additional 56,089 shares during the period. 25.51% of the stock is owned by institutional investors and hedge funds.

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.