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Saba Capital Management, L.P. and Boaz Weinstein, both significant shareholders of BlackRock (NYSE:BLK) Muniyield Pennsylvania Quality Fund (NYSE:MPA), have reported selling a total of $367,220 worth of the fund’s common stock in recent transactions. On May 1, 2025, Saba Capital sold 23,566 shares at a price of $10.97 each. The following day, May 2, an additional 9,864 shares were sold at $11.02 per share. The fund, currently valued at $141.93 million, offers investors a substantial 7.14% dividend yield and has maintained dividend payments for 33 consecutive years, according to InvestingPro data. These transactions have reduced the total shares owned by the reporting parties to 1,754,019. With a beta of 0.52, the fund demonstrates lower volatility compared to the broader market. InvestingPro analysis reveals several additional key metrics and insights available to subscribers.
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