Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
NEW YORK—Saba Capital Management, L.P., a significant shareholder in BlackRock (NYSE:BLK) MuniYield Pennsylvania Quality Fund (NYSE:MPA), disclosed the sale of a substantial number of shares in recent transactions. According to the latest SEC filings, Saba Capital Management sold a total of 42,074 shares over two days, with the transactions taking place on April 24 and April 25, 2025. The fund, with a market capitalization of $140 million, has maintained consistent dividend payments for 33 consecutive years and currently offers a notable 7.27% dividend yield.
The sales were executed at prices ranging from $10.89 to $10.90 per share, amounting to a total of $458,364. Following these transactions, Saba Capital Management’s holdings in the fund stand at 1,846,479 shares. InvestingPro analysis reveals the fund trades with historically low price volatility, with a beta of 0.52, suggesting more stable price movements compared to the broader market.
Boaz Weinstein, a ten percent owner, is associated with these transactions, which were signed off on April 28, 2025. The sales reflect a strategic move by the investment firm, which remains a key stakeholder in the fund. For more detailed insights and additional financial metrics about MPA, including 6 exclusive ProTips, visit InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.