Blackrock Muniyield Quality Fund Inc. (MQY) Shares Bought by 6 Meridian

6 Meridian grew its position in Blackrock Muniyield Quality Fund Inc. (NYSE:MQY) by 15.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,352 shares of the financial services provider’s stock after acquiring an additional 4,307 shares during the quarter. 6 Meridian owned approximately 0.10% of Blackrock Muniyield Quality Fund worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FNY Investment Advisers LLC boosted its stake in shares of Blackrock Muniyield Quality Fund by 2,100.0% during the 4th quarter. FNY Investment Advisers LLC now owns 2,970 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 2,835 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Blackrock Muniyield Quality Fund by 11.5% during the 4th quarter. Stifel Financial Corp now owns 11,369 shares of the financial services provider’s stock worth $147,000 after acquiring an additional 1,169 shares in the last quarter. Fiera Capital Corp bought a new stake in shares of Blackrock Muniyield Quality Fund during the 4th quarter worth about $167,000. First Allied Advisory Services Inc. boosted its stake in Blackrock Muniyield Quality Fund by 29.2% during the 4th quarter. First Allied Advisory Services Inc. now owns 13,262 shares of the financial services provider’s stock valued at $173,000 after purchasing an additional 3,000 shares during the period. Finally, Private Advisor Group LLC boosted its stake in Blackrock Muniyield Quality Fund by 13.1% during the 4th quarter. Private Advisor Group LLC now owns 19,481 shares of the financial services provider’s stock valued at $253,000 after purchasing an additional 2,259 shares during the period. Hedge funds and other institutional investors own 23.39% of the company’s stock.

Shares of NYSE:MQY opened at $14.03 on Tuesday. Blackrock Muniyield Quality Fund Inc. has a twelve month low of $12.70 and a twelve month high of $14.14.



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 paid a dividend of $0.056 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $0.67 annualized dividend and a yield of 4.79%.

TRADEMARK VIOLATION NOTICE: This article was first reported by Dakota Financial News and is the property of of Dakota Financial News. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at https://dakotafinancialnews.com/2019/04/16/blackrock-muniyield-quality-fund-inc-mqy-shares-bought-by-6-meridian.html.

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.

Recommended Story: What are gap-down stocks?

Want to see what other hedge funds are holding MQY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Muniyield Quality Fund Inc. (NYSE:MQY).

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

Receive News & Ratings for Blackrock Muniyield Quality Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Muniyield Quality Fund and related companies with MarketBeat.com's FREE daily email newsletter.