November 16, 2016 - By Darrin Black · 0 Comments
Muniyield Pennsylvania Insured Fund (NYSE:MPA) institutional sentiment increased to 1.09 in Q2 2016. Its up 0.26, from 0.83 in 2016Q1. The ratio has improved, as 12 investment professionals increased and opened new positions, while 11 decreased and sold their stock positions in Muniyield Pennsylvania Insured Fund. The investment professionals in our partner’s database now have: 860,846 shares, down from 862,530 shares in 2016Q1. Also, the number of investment professionals holding Muniyield Pennsylvania Insured Fund in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 9 Increased: 6 New Position: 6.
BlackRock MuniYield Pennsylvania Quality Fund is a closed-end management investment company. The company has a market cap of $193.56 million. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal and Pennsylvania income taxes as is consistent with its investment policies and prudent investment management. It currently has negative earnings. The Fund seeks to achieve its investment objective by investing approximately 80% of its assets in municipal obligations exempt from federal income taxes (except that the interest may be subject to the federal alternative minimum tax) and Pennsylvania income taxes.
About 23,219 shares traded hands. BlackRock MuniYield Pennsylvania Insured (NYSE:MPA) has declined 6.70% since April 14, 2016 and is downtrending. It has underperformed by 11.38% the S&P500.
West Chester Capital Advisors Inc holds 1.88% of its portfolio in BlackRock MuniYield Pennsylvania Insured for 79,077 shares. Doliver Capital Advisors Inc. owns 10,025 shares or 0.14% of their US portfolio. Moreover, Brick & Kyle Associates has 0.04% invested in the company for 3,280 shares. The Pennsylvania-based Bryn Mawr Trust Co has invested 0.03% in the stock. Tfs Capital Llc, a Pennsylvania-based fund reported 11,436 shares.#img1#
BlackRock MuniYield Pennsylvania Quality Fund (the Fund), formerly BlackRock MuniYield Pennsylvania Insured Fund, is a non-diversified, closed-end management investment company. The Fund seeks to provide current income exempt from federal and Pennsylvania income taxes. It invests primarily in a portfolio of long-term municipal obligations, the interest on which is exempt from federal and Pennsylvania income taxes. The Fund invests in leveraged residual certificates (TOB Residuals) issued by tender option bond trusts (TOBs). The Fund may invest in certain securities whose potential income return is inversely related to changes in a floating interest rate (inverse floaters). The Funds may invest in swap agreements.
Another recent and important BlackRock MuniYield Pennsylvania Insured (NYSE:MPA) news was published by Streetinsider.com which published an article titled: “Form NSAR-B BLACKROCK MUNIVEST FUND, For: Aug 31” on October 28, 2016.
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By Darrin Black