BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) Shares Sold by AHL Investment Management Inc.

AHL Investment Management Inc. reduced its holdings in BlackRock MuniYield Michigan Quality Fund, Inc. (NYSE:MIY) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,400 shares of the financial services provider’s stock after selling 2,500 shares during the quarter. AHL Investment Management Inc. owned approximately 0.21% of BlackRock MuniYield Michigan Quality Fund worth $698,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Stifel Financial Corp increased its stake in shares of BlackRock MuniYield Michigan Quality Fund by 30.4% during the 3rd quarter. Stifel Financial Corp now owns 102,285 shares of the financial services provider’s stock valued at $1,228,000 after acquiring an additional 23,850 shares during the last quarter. Cetera Investment Advisers raised its stake in BlackRock MuniYield Michigan Quality Fund by 2.0% during the second quarter. Cetera Investment Advisers now owns 179,534 shares of the financial services provider’s stock worth $2,054,000 after purchasing an additional 3,511 shares during the period. Wolverine Asset Management LLC boosted its holdings in shares of BlackRock MuniYield Michigan Quality Fund by 339.5% in the 3rd quarter. Wolverine Asset Management LLC now owns 48,704 shares of the financial services provider’s stock valued at $585,000 after purchasing an additional 37,622 shares during the last quarter. West Michigan Advisors LLC purchased a new stake in shares of BlackRock MuniYield Michigan Quality Fund during the 3rd quarter valued at $248,000. Finally, Melone Private Wealth LLC increased its holdings in shares of BlackRock MuniYield Michigan Quality Fund by 0.5% during the 3rd quarter. Melone Private Wealth LLC now owns 378,496 shares of the financial services provider’s stock worth $4,546,000 after buying an additional 1,809 shares during the last quarter. 24.15% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Michigan Quality Fund Trading Up 0.2 %

Shares of BlackRock MuniYield Michigan Quality Fund stock opened at $11.44 on Monday. The business’s fifty day moving average price is $11.57 and its 200 day moving average price is $11.68. BlackRock MuniYield Michigan Quality Fund, Inc. has a twelve month low of $10.96 and a twelve month high of $12.11.

BlackRock MuniYield Michigan Quality Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.0545 per share. This represents a $0.65 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniYield Michigan Quality Fund Profile

BlackRock MuniYield Michigan Quality Fund, Inc 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, long-term municipal obligations exempt from federal income taxes and Michigan income taxes.