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Saba Capital Management, L.P., a significant shareholder of BlackRock (NYSE:BLK) MuniYield Pennsylvania Quality Fund (NYSE:MPA), has reported selling shares valued at approximately $155,612, according to a recent SEC filing. The fund, which maintains a notable 6.68% dividend yield and has consistently paid dividends for 33 consecutive years according to InvestingPro data, currently has a market capitalization of $153.32 million. The transactions took place over two days, with 3,268 shares sold on January 27 at $11.84 per share and 9,850 shares sold on January 28 at $11.87 per share. Following these sales, Saba Capital holds 2,193,007 shares of the fund. The sales were executed indirectly, as noted in the filing. InvestingPro analysis shows the fund trades with relatively low volatility, with a beta of 0.5, and is currently trading near its 52-week low. Subscribers can access additional insights and financial metrics on the platform.
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