Wolverine Asset Management LLC Purchases New Shares in BlackRock MuniYield Quality Fund, Inc. $MQY

Wolverine Asset Management LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund, Inc. (NYSE:MQY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 95,713 shares of the financial services provider's stock, valued at approximately $1,082,000.A number of other hedge funds also recently bought and sold shares of the business. First Horizon Corp purchased a new stake in BlackRock MuniYield Quality Fund during the third quarter valued at approximately $34,000. Nomura Holdings Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund in the second quarter valued at $111,000. Wealth Alliance LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund in the third quarter valued at $116,000. Moody National Bank Trust Division purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at $113,000. Finally, Westview Management dba Westview Investment Advisors purchased a new stake in shares of BlackRock MuniYield Quality Fund in the fourth quarter valued at $121,000. Hedge funds and other institutional investors own 25.51% of the company's stock. BlackRock MuniYield Quality Fund Price PerformanceShares of MQY opened at $11.44 on Wednesday. The company's fifty day simple moving average is $11.40 and its 200-day simple moving average is $11.47. BlackRock MuniYield Quality Fund, Inc. has a twelve month low of $10.78 and a twelve month high of $11.94. BlackRock MuniYield Quality Fund Dividend AnnouncementThe business also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Investors of record on Monday, June 15th will be paid a $0.058 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 15th. BlackRock MuniYield Quality Fund Company Profile (Free Report)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.See AlsoFive stocks we like better than BlackRock MuniYield Quality FundThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in BlackRock MuniYield Quality Fund Right Now?Before you consider BlackRock MuniYield Quality Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Quality Fund wasn't on the list.While BlackRock MuniYield Quality Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here