ICA Group Wealth Management LLC Invests $54,000 in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

ICA Group Wealth Management LLC acquired a new position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,400 shares of the financial services provider’s stock, valued at approximately $54,000.

Other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC boosted its position in BlackRock MuniYield Quality Fund by 8.5% during the fourth quarter. Private Advisor Group LLC now owns 12,837 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 1,001 shares in the last quarter. Brown Advisory Inc. grew its position in shares of BlackRock MuniYield Quality Fund by 6.7% in the 3rd quarter. Brown Advisory Inc. now owns 16,265 shares of the financial services provider’s stock worth $166,000 after buying an additional 1,015 shares during the last quarter. Simon Quick Advisors LLC raised its stake in shares of BlackRock MuniYield Quality Fund by 7.2% during the 4th quarter. Simon Quick Advisors LLC now owns 18,662 shares of the financial services provider’s stock worth $227,000 after acquiring an additional 1,246 shares in the last quarter. Moody National Bank Trust Division lifted its position in BlackRock MuniYield Quality Fund by 9.9% during the fourth quarter. Moody National Bank Trust Division now owns 16,439 shares of the financial services provider’s stock valued at $200,000 after acquiring an additional 1,479 shares during the last quarter. Finally, NBC Securities Inc. acquired a new stake in BlackRock MuniYield Quality Fund in the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Price Performance

NYSE MQY traded down $0.02 on Monday, hitting $11.81. The stock had a trading volume of 141,003 shares, compared to its average volume of 161,463. BlackRock MuniYield Quality Fund, Inc. has a 52-week low of $9.82 and a 52-week high of $12.52. The business’s fifty day moving average price is $12.20 and its 200 day moving average price is $11.77.

BlackRock MuniYield Quality Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a yield of 5.89%. The ex-dividend date is Friday, April 12th.

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.