Blackrock MuniYield Quality Fun (NYSE:MQT) Sees Significantly Higher Trading Volume

Geronimo Vena
Agosto 7, 2017

(NYSE:MCA) shares saw heavy trading volume with 95K shares changing hands in the last trading session. Trading volume was up 141.46% over the stocks average daily volume.

These firms have also modified their investment in MCA. Morgan Stanley expanded its holdings by buying 12,175 shares an increase of 137.3%. Apriem Advisors now holds 81,827 shares valued at $1,228,000. The value of the position overall is up by 24.3%.

First Trust Advisors Lp grew its investment by buying 9,353 shares an increase of 12.8% as of 06/30/2017. As of the end of the quarter Allegis Investment Advisors, LLC had bought 10,952 shares growing its holdings by 10.1%. The value of the investment in (MQT) went from $1,385,000 to $1,565,000 increasing 13.0% since the last quarter. As of quarter end Advisors Asset Management, Inc. had acquired a total of 25,780 shares growing its stake by 21.2%. Ladenburg Thalmann Financial Services Inc. now owns 71,874 shares worth $1,016,000.

The company is down by -0.66% since yesterday's close of $13.74. The stock last traded at $15.31 just a bit higher than the 50 day moving average which is $15.10 and marginally over the 200 day moving average of $14.86. The 50 day moving average was up $0.39 or +2.94% and the 200 day average went up $0.66 or +5.04%.

BlackRock MuniYield Pennsylvania Quality Fund (the Fund), formerly BlackRock MuniYield Pennsylvania Insured Fund, is a non-diversified, closed-end management investment company. The investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. It invests primarily in a portfolio of long-term municipal obligations, the interest on which is exempt from federal and Pennsylvania income taxes.

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