HBK Sorce Advisory LLC Trims Position in BlackRock MuniYield Pennsylvania Insured (NYSE:MPA)

HBK Sorce Advisory LLC cut its holdings in shares of BlackRock MuniYield Pennsylvania Insured (NYSE:MPA) by 11.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,002 shares of the investment management company’s stock after selling 3,000 shares during the quarter. HBK Sorce Advisory LLC owned 0.18% of BlackRock MuniYield Pennsylvania Insured worth $337,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in BlackRock MuniYield Pennsylvania Insured during the 2nd quarter worth approximately $201,000. City of London Investment Management Co. Ltd. purchased a new position in BlackRock MuniYield Pennsylvania Insured during the 1st quarter worth approximately $371,000. LPL Financial LLC raised its position in BlackRock MuniYield Pennsylvania Insured by 2.4% during the 2nd quarter. LPL Financial LLC now owns 30,760 shares of the investment management company’s stock worth $431,000 after buying an additional 717 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in BlackRock MuniYield Pennsylvania Insured by 125.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 33,925 shares of the investment management company’s stock worth $462,000 after buying an additional 18,880 shares during the last quarter. Finally, Robinson Capital Management LLC raised its position in BlackRock MuniYield Pennsylvania Insured by 6.1% during the 2nd quarter. Robinson Capital Management LLC now owns 91,002 shares of the investment management company’s stock worth $1,274,000 after buying an additional 5,256 shares during the last quarter. 9.40% of the stock is owned by institutional investors.

MPA remained flat at $$14.18 during trading on Wednesday. 1 shares of the company’s stock were exchanged, compared to its average volume of 22,632. BlackRock MuniYield Pennsylvania Insured has a 12 month low of $12.30 and a 12 month high of $14.49. The stock has a 50-day moving average of $14.27 and a two-hundred day moving average of $13.94.



The firm also recently declared a — dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th will be given a dividend of $0.046 per share. This represents a yield of 3.8%. The ex-dividend date is Friday, September 13th.

About BlackRock MuniYield Pennsylvania Insured

BlackRock MuniYield Pennsylvania Quality Fund is a closed 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 primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.

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Institutional Ownership by Quarter for BlackRock MuniYield Pennsylvania Insured (NYSE:MPA)

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