Landscape Capital Management L.L.C. Purchases New Shares in BlackRock Municipal Income Quality Trust (NYSE:BYM)

Landscape Capital Management L.L.C. acquired a new position in BlackRock Municipal Income Quality Trust (NYSE:BYM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,616 shares of the company’s stock, valued at approximately $169,000.

Several other hedge funds have also modified their holdings of the company. Hennion & Walsh Asset Management Inc. raised its holdings in BlackRock Municipal Income Quality Trust by 33.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 641,301 shares of the company’s stock worth $6,958,000 after purchasing an additional 159,220 shares during the period. Van ECK Associates Corp lifted its position in shares of BlackRock Municipal Income Quality Trust by 6.6% during the 4th quarter. Van ECK Associates Corp now owns 197,605 shares of the company’s stock valued at $2,144,000 after buying an additional 12,224 shares in the last quarter. LM Advisors LLC grew its stake in BlackRock Municipal Income Quality Trust by 7.7% in the 4th quarter. LM Advisors LLC now owns 170,496 shares of the company’s stock valued at $1,850,000 after acquiring an additional 12,260 shares during the period. LPL Financial LLC increased its holdings in BlackRock Municipal Income Quality Trust by 5.4% in the 4th quarter. LPL Financial LLC now owns 114,205 shares of the company’s stock worth $1,239,000 after acquiring an additional 5,899 shares in the last quarter. Finally, Indiana Trust & Investment Management Co raised its position in BlackRock Municipal Income Quality Trust by 1.4% during the fourth quarter. Indiana Trust & Investment Management Co now owns 95,726 shares of the company’s stock worth $1,039,000 after acquiring an additional 1,316 shares during the period.

BlackRock Municipal Income Quality Trust Trading Down 2.5 %

Shares of NYSE BYM opened at $10.38 on Wednesday. BlackRock Municipal Income Quality Trust has a 52-week low of $10.36 and a 52-week high of $12.38. The company’s 50-day simple moving average is $11.04 and its 200-day simple moving average is $11.29.

BlackRock Municipal Income Quality Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a $0.0555 dividend. This represents a $0.67 annualized dividend and a yield of 6.42%. The ex-dividend date is Tuesday, April 15th.

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.