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Saba Capital Management, L.P., a significant shareholder in BlackRock (NYSE:BLK) MuniYield Pennsylvania Quality Fund (NYSE:MPA), recently disclosed the sale of shares worth $19,879. The fund, which has maintained dividend payments for an impressive 33 consecutive years according to InvestingPro data, currently trades near its 52-week low. The transaction, dated January 22, involved the sale of 1,658 shares at a price of $11.99 per share. Following this sale, Saba Capital Management retains ownership of 2,217,235 shares in the fund. The filing was signed by Zachary Gindes for Saba Capital Management and Boaz Weinstein, both of whom are listed as ten percent owners. For investors interested in dividend-focused municipal funds, InvestingPro offers detailed dividend analysis and 4 additional key insights about MPA's financial health and market position.
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