BlackRock MuniYield Quality Fund, Inc. $MQY Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lowered its stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 4.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,507,211 shares of the financial services provider’s stock after selling 189,476 shares during the quarter. BlackRock MuniYield Quality Fund comprises 1.5% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 5th largest holding. Hennion & Walsh Asset Management Inc.’s holdings in BlackRock MuniYield Quality Fund were worth $51,259,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new position in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at approximately $32,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 4th quarter worth $32,000. Geneos Wealth Management Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter worth $34,000. Ballast Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter worth $35,000. Finally, Fifth Third Bancorp acquired a new position in BlackRock MuniYield Quality Fund in the 1st quarter valued at $54,000. Institutional investors and hedge funds own 25.51% of the company’s stock.

BlackRock MuniYield Quality Fund Trading Up 0.6%

Shares of MQY opened at $11.37 on Friday. BlackRock MuniYield Quality Fund, Inc. has a one year low of $10.84 and a one year high of $11.94. The company’s fifty day moving average price is $11.44 and its 200 day moving average price is $11.45.

BlackRock MuniYield Quality Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a $0.058 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

About BlackRock MuniYield Quality Fund

BlackRock MuniYield Quality Fund (NYSE: MQY) is a closed-end investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in a diversified portfolio of investment-grade municipal securities, including bonds issued by states, municipalities and their agencies across the United States. MQY may employ leverage to enhance income, in line with its stated risk and return objectives.

As part of BlackRock’s suite of municipal bond offerings, MQY benefits from the firm’s municipal fixed-income research, trading capabilities and credit analysis.