Pathway Financial Advisers LLC Acquires 294,215 Shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

Pathway Financial Advisers LLC increased its holdings in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 7,424.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 298,178 shares of the financial services provider’s stock after purchasing an additional 294,215 shares during the period. Pathway Financial Advisers LLC owned approximately 0.41% of BlackRock MuniYield Quality Fund worth $3,909,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. TruNorth Capital Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 2nd quarter worth about $26,000. Larson Financial Group LLC acquired a new position in BlackRock MuniYield Quality Fund during the second quarter valued at approximately $34,000. Luken Investment Analytics LLC bought a new position in shares of BlackRock MuniYield Quality Fund in the second quarter valued at approximately $48,000. Primoris Wealth Advisors LLC lifted its stake in shares of BlackRock MuniYield Quality Fund by 25.0% in the first quarter. Primoris Wealth Advisors LLC now owns 12,500 shares of the financial services provider’s stock worth $153,000 after buying an additional 2,500 shares during the last quarter. Finally, Clear Creek Financial Management LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 2nd quarter worth $154,000. 25.51% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund Stock Performance

NYSE:MQY traded up $0.05 during midday trading on Friday, reaching $12.56. The stock had a trading volume of 219,476 shares, compared to its average volume of 149,526. BlackRock MuniYield Quality Fund, Inc. has a 1-year low of $9.82 and a 1-year high of $13.29. The firm’s fifty day simple moving average is $12.87 and its 200-day simple moving average is $12.42.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.058 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 5.54%.

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.