84,813 Shares in BlackRock MuniYield Quality Fund, Inc. $MQY Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. bought a new stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 84,813 shares of the financial services provider’s stock, valued at approximately $931,000. Koshinski Asset Management Inc. owned about 0.06% of BlackRock MuniYield Quality Fund at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings 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 acquiring an additional 3,168 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of BlackRock MuniYield Quality Fund in the 1st quarter worth about $594,000. Cetera Investment Advisers lifted its stake in shares of BlackRock MuniYield Quality Fund by 20.6% in the 2nd quarter. Cetera Investment Advisers now owns 28,876 shares of the financial services provider’s stock valued at $321,000 after purchasing an additional 4,939 shares during the period. Raymond James Financial Inc. lifted its stake in shares of BlackRock MuniYield Quality Fund by 22.1% in the 2nd quarter. Raymond James Financial Inc. now owns 284,228 shares of the financial services provider’s stock valued at $3,158,000 after purchasing an additional 51,402 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 2nd quarter valued at about $236,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Stock Performance

Shares of MQY stock traded down $0.01 during trading hours on Tuesday, hitting $11.61. 287,476 shares of the company were exchanged, compared to its average volume of 351,251. The company has a 50 day simple moving average of $11.41 and a two-hundred day simple moving average of $11.45. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $10.78 and a fifty-two week high of $11.94.

BlackRock MuniYield Quality Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.058 dividend. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniYield Quality Fund Company 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.