JFS Wealth Advisors LLC Decreases Stock Position in BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY)

JFS Wealth Advisors LLC decreased its position in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY) by 36.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,714 shares of the financial services provider’s stock after selling 74,418 shares during the period. JFS Wealth Advisors LLC owned approximately 0.17% of BlackRock MuniYield Quality Fund worth $1,674,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in MQY. TruNorth Capital Management LLC purchased a new stake in BlackRock MuniYield Quality Fund during the second quarter valued at $26,000. Larson Financial Group LLC bought a new stake in shares of BlackRock MuniYield Quality Fund in the 2nd quarter worth about $34,000. Luken Investment Analytics LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the 2nd quarter valued at about $48,000. Pathway Financial Advisers LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund during the 1st quarter valued at about $48,000. Finally, Primoris Wealth Advisors LLC lifted its holdings in shares of BlackRock MuniYield Quality Fund by 25.0% in the 1st quarter. Primoris Wealth Advisors LLC now owns 12,500 shares of the financial services provider’s stock valued at $153,000 after acquiring an additional 2,500 shares during the last quarter. 25.51% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund Price Performance

Shares of NYSE MQY opened at $12.42 on Thursday. BlackRock MuniYield Quality Fund, Inc. has a 1-year low of $9.94 and a 1-year high of $13.29. The business’s 50 day moving average is $12.87 and its two-hundred day moving average is $12.43.

BlackRock MuniYield Quality Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.058 per share. This represents a $0.70 annualized dividend and a dividend yield of 5.60%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.