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NEW YORK—Saba Capital Management, L.P., a significant stakeholder in BlackRock (NYSE:BLK) MuniYield Pennsylvania Quality Fund (NYSE:MPA), has recently executed stock sales totaling $175,090. The transactions occurred on May 30 and June 2, 2025, involving 16,179 shares of common stock sold at prices ranging from $10.82 to $10.83 per share. The $140 million market cap fund, known for its impressive 7.3% dividend yield and 33-year history of consecutive dividend payments, has maintained relatively low price volatility with a beta of 0.59.
Following these transactions, Saba Capital Management, led by Boaz Weinstein, retains ownership of 1,314,445 shares. The sales were part of the firm’s ongoing management of its investment portfolio and reflect its strategic financial decisions in the current market environment. For detailed dividend analysis and additional insights, InvestingPro subscribers can access 6 more key tips about MPA’s financial performance and outlook.
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