25,610 Shares in BlackRock Municipal Income Quality Trust (NYSE:BYM) Acquired by Mackay Shields LLC

Mackay Shields LLC acquired a new position in BlackRock Municipal Income Quality Trust (NYSE:BYM) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,610 shares of the company’s stock, valued at approximately $287,000.

Several other institutional investors also recently modified their holdings of BYM. Americana Partners LLC boosted its stake in BlackRock Municipal Income Quality Trust by 42.0% in the third quarter. Americana Partners LLC now owns 1,110,211 shares of the company’s stock worth $10,479,000 after buying an additional 328,261 shares in the last quarter. AQR Arbitrage LLC boosted its stake in BlackRock Municipal Income Quality Trust by 117.9% in the third quarter. AQR Arbitrage LLC now owns 213,397 shares of the company’s stock worth $2,104,000 after buying an additional 115,447 shares in the last quarter. Stifel Financial Corp boosted its stake in BlackRock Municipal Income Quality Trust by 38.7% in the third quarter. Stifel Financial Corp now owns 362,970 shares of the company’s stock worth $3,579,000 after buying an additional 101,231 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in BlackRock Municipal Income Quality Trust by 47.6% in the third quarter. Advisors Asset Management Inc. now owns 131,954 shares of the company’s stock worth $1,301,000 after buying an additional 42,572 shares in the last quarter. Finally, Tyche Wealth Partners LLC purchased a new stake in BlackRock Municipal Income Quality Trust in the fourth quarter worth approximately $459,000.

BlackRock Municipal Income Quality Trust Stock Down 0.6 %

BYM traded down $0.06 during midday trading on Thursday, hitting $10.96. The stock had a trading volume of 75,396 shares, compared to its average volume of 57,814. The business has a fifty day moving average of $11.39 and a 200 day moving average of $10.95. BlackRock Municipal Income Quality Trust has a 1 year low of $9.30 and a 1 year high of $11.65.

BlackRock Municipal Income Quality Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a dividend of $0.052 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date is Friday, April 12th.

About BlackRock Municipal Income Quality Trust

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax.