BlackRock MuniYield Pennsylvania Quality Fund (MPA) To Go Ex-Dividend on January 20th

BlackRock MuniYield Pennsylvania Quality Fund (NYSE:MPA) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.0477 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, January 20th.

BlackRock MuniYield Pennsylvania Quality Fund Stock Up 0.4%

Shares of NYSE MPA traded up $0.05 on Friday, hitting $11.45. The company’s stock had a trading volume of 9,836 shares, compared to its average volume of 39,024. The stock has a 50 day moving average of $11.24 and a 200-day moving average of $11.11. BlackRock MuniYield Pennsylvania Quality Fund has a 12-month low of $10.26 and a 12-month high of $12.08.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Royal Bank of Canada lifted its position in BlackRock MuniYield Pennsylvania Quality Fund by 2.3% in the 1st quarter. Royal Bank of Canada now owns 66,568 shares of the investment management company’s stock worth $746,000 after buying an additional 1,500 shares in the last quarter. Osaic Holdings Inc. increased its stake in BlackRock MuniYield Pennsylvania Quality Fund by 50.4% during the 2nd quarter. Osaic Holdings Inc. now owns 57,496 shares of the investment management company’s stock worth $620,000 after purchasing an additional 19,266 shares in the last quarter. Yakira Capital Management Inc. acquired a new position in BlackRock MuniYield Pennsylvania Quality Fund during the 3rd quarter worth approximately $488,000. Ethos Financial Group LLC bought a new stake in shares of BlackRock MuniYield Pennsylvania Quality Fund during the 2nd quarter worth approximately $271,000. Finally, Raymond James Financial Inc. grew its stake in shares of BlackRock MuniYield Pennsylvania Quality Fund by 7.9% in the third quarter. Raymond James Financial Inc. now owns 20,457 shares of the investment management company’s stock valued at $233,000 after acquiring an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 24.70% of the company’s stock.

About BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) is a non-diversified, closed-end management investment company whose primary objective is to provide shareholders with current income exempt from regular U.S. federal and Pennsylvania personal income taxes, and to a lesser extent, capital appreciation. The fund pursues its objective by investing in municipal securities that are issued by or for the benefit of the Commonwealth of Pennsylvania and its political subdivisions.

In managing its portfolio, the fund typically allocates at least 80% of its assets to investment-grade municipal bonds issued within Pennsylvania.