Robinson Capital Management LLC trimmed its holdings in shares of Blackrock Muniyield Quality Fund Inc. (NYSE:MQY) by 28.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 498,756 shares of the financial services provider’s stock after selling 195,644 shares during the quarter. Blackrock Muniyield Quality Fund makes up 2.7% of Robinson Capital Management LLC’s holdings, making the stock its 11th largest holding. Robinson Capital Management LLC’s holdings in Blackrock Muniyield Quality Fund were worth $7,506,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MQY. Mackay Shields LLC bought a new stake in Blackrock Muniyield Quality Fund during the 3rd quarter worth approximately $1,004,000. Steward Partners Investment Advisory LLC increased its stake in Blackrock Muniyield Quality Fund by 3,625.0% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 11,920 shares of the financial services provider’s stock worth $179,000 after purchasing an additional 11,600 shares in the last quarter. First Trust Advisors LP bought a new stake in Blackrock Muniyield Quality Fund during the 1st quarter worth approximately $145,000. Fiera Capital Corp increased its stake in Blackrock Muniyield Quality Fund by 2.4% during the 4th quarter. Fiera Capital Corp now owns 266,756 shares of the financial services provider’s stock worth $4,015,000 after purchasing an additional 6,290 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Blackrock Muniyield Quality Fund by 9.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 67,944 shares of the financial services provider’s stock worth $1,022,000 after purchasing an additional 6,003 shares in the last quarter. 19.36% of the stock is owned by institutional investors and hedge funds.

NYSE MQY traded down $0.04 during trading hours on Friday, reaching $15.61. 37,326 shares of the company’s stock were exchanged, compared to its average volume of 45,604. The company’s 50-day moving average is $15.31 and its two-hundred day moving average is $15.04. Blackrock Muniyield Quality Fund Inc. has a one year low of $13.77 and a one year high of $15.82.

The firm also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 14th will be paid a dividend of $0.053 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.64 dividend on an annualized basis and a yield of 4.07%.

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.

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Institutional Ownership by Quarter for Blackrock Muniyield Quality Fund (NYSE:MQY)

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