BlackRock MuniYield Pennsylvania Insured (NYSE:MPA) Shares Cross Above 200 Day Moving Average of $13.91

BlackRock MuniYield Pennsylvania Insured (NYSE:MPA)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.91 and traded as high as $13.87. BlackRock MuniYield Pennsylvania Insured shares last traded at $13.87, with a volume of 1,228 shares changing hands.

The stock’s fifty day simple moving average is $14.31 and its 200-day simple moving average is $13.91.

The business also recently announced a — dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th will be issued a $0.046 dividend. The ex-dividend date is Friday, September 13th. This represents a yield of 3.8%.

Institutional investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. increased its stake in shares of BlackRock MuniYield Pennsylvania Insured by 125.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 33,925 shares of the investment management company’s stock worth $462,000 after purchasing an additional 18,880 shares in the last quarter. City of London Investment Management Co. Ltd. purchased a new position in shares of BlackRock MuniYield Pennsylvania Insured during the 1st quarter worth approximately $371,000. Robinson Capital Management LLC increased its stake in shares of BlackRock MuniYield Pennsylvania Insured by 6.1% during the 2nd quarter. Robinson Capital Management LLC now owns 91,002 shares of the investment management company’s stock worth $1,274,000 after purchasing an additional 5,256 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of BlackRock MuniYield Pennsylvania Insured during the 2nd quarter worth approximately $201,000. Finally, LPL Financial LLC increased its stake in shares of BlackRock MuniYield Pennsylvania Insured by 2.4% during the 2nd quarter. LPL Financial LLC now owns 30,760 shares of the investment management company’s stock worth $431,000 after purchasing an additional 717 shares in the last quarter. 9.40% of the stock is owned by institutional investors.

BlackRock MuniYield Pennsylvania Insured Company Profile (NYSE:MPA)

BlackRock MuniYield Pennsylvania Quality Fund is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in long-term investment grade municipal obligations exempt from federal income taxes and Pennsylvania income taxes.

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