13,926 Shares in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 13,926 shares of the financial services provider’s stock, valued at approximately $160,000.

Other hedge funds have also added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. raised its holdings in BlackRock MuniYield Quality Fund by 35.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 934,768 shares of the financial services provider’s stock worth $10,769,000 after purchasing an additional 242,500 shares during the last quarter. Van ECK Associates Corp increased its stake in BlackRock MuniYield Quality Fund by 6.1% during the 4th quarter. Van ECK Associates Corp now owns 430,019 shares of the financial services provider’s stock valued at $4,954,000 after purchasing an additional 24,874 shares in the last quarter. Pathway Financial Advisers LLC increased its stake in BlackRock MuniYield Quality Fund by 7,424.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 298,178 shares of the financial services provider’s stock valued at $3,909,000 after purchasing an additional 294,215 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in BlackRock MuniYield Quality Fund by 10.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 185,430 shares of the financial services provider’s stock worth $2,431,000 after acquiring an additional 17,695 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in BlackRock MuniYield Quality Fund by 10.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 163,262 shares of the financial services provider’s stock worth $1,881,000 after acquiring an additional 15,341 shares during the last quarter. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Price Performance

Shares of NYSE:MQY opened at $11.86 on Tuesday. The company’s 50-day moving average is $11.80 and its 200 day moving average is $12.39. BlackRock MuniYield Quality Fund, Inc. has a fifty-two week low of $11.43 and a fifty-two week high of $13.29.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a yield of 5.87%. The ex-dividend date is Friday, February 14th.

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.