Alesco Advisors LLC Takes Position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Alesco Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) in the 4th quarter, HoldingsChannel.com reports. The firm bought 12,387 shares of the financial services provider’s stock, valued at approximately $151,000.

Several other large investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund during the third quarter worth about $32,000. Private Trust Co. NA purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter worth approximately $55,000. Anchor Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at approximately $73,000. Wolverine Asset Management LLC purchased a new position in shares of BlackRock MuniYield Quality Fund during the third quarter valued at approximately $75,000. Finally, Oppenheimer & Co. Inc. bought a new stake in BlackRock MuniYield Quality Fund during the third quarter worth $106,000. 25.51% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund Trading Up 0.3 %

NYSE MQY traded up $0.03 on Friday, reaching $11.83. The company had a trading volume of 78,994 shares, compared to its average volume of 125,938. The company’s fifty day moving average is $12.21 and its 200 day moving average is $11.74. BlackRock MuniYield Quality Fund, Inc. has a 52-week low of $9.82 and a 52-week high of $12.52.

BlackRock MuniYield Quality Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a dividend of $0.058 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date of this dividend is Friday, April 12th.

BlackRock MuniYield Quality Fund Profile

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.