Wells Fargo (MPA holder) discloses 6.7% beneficial stake in BlackRock MuniYield PA
Rhea-AI Filing Summary
Wells Fargo & Company reports its beneficial ownership of BlackRock MuniYield PA Quality common shares of beneficial interest on an amended Schedule 13G. Wells Fargo and certain broker-dealer subsidiaries report beneficial ownership of 870,926 shares, representing 6.7% of this class.
The filing states no sole or shared voting power over these shares, but sole dispositive power over 870,926 shares and no shared dispositive power. The position is held and reported by Wells Fargo & Company on its own behalf and on behalf of subsidiaries Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 870,926 shares
Percent of class: 6.7%
Sole voting power: 0 shares
+3 more
6 metrics
Shares beneficially owned
870,926 shares
Amount beneficially owned by Wells Fargo & Company
Percent of class
6.7%
Percentage of MPA common shares of beneficial interest
Sole voting power
0 shares
Shares with sole power to vote or direct the vote
Shared voting power
0 shares
Shares with shared power to vote or direct the vote
Sole dispositive power
870,926 shares
Shares with sole power to dispose or direct disposition
Filing date
07/28/2026
Date signed by designated signer Ally Pecarro
Key Terms
beneficially owned, Sole Dispositive Power, Schedule 13G/A, broker or dealer registered under section 15 of the Act
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 870,926"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 870,926.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"This is filed by Wells Fargo & Company on its own"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
broker or dealer registered under section 15 of the Act regulatory
"a Broker or dealer registered under section 15 of the Act"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in MPA does Wells Fargo & Company report?
Wells Fargo & Company reports beneficial ownership of 870,926 shares of BlackRock MuniYield PA Quality (MPA), representing 6.7% of the class of common shares of beneficial interest, according to the amended Schedule 13G filing.
Which Wells Fargo subsidiaries are included in this MPA Schedule 13G/A?
The ownership is reported by Wells Fargo & Company on its own behalf and for Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, each described as a broker or dealer registered under section 15 of the Exchange Act.
Who signed the amended Schedule 13G/A for Wells Fargo regarding MPA?
The Schedule 13G/A is signed by Ally Pecarro as Designated Signer, dated 07/28/2026, on behalf of Wells Fargo & Company in connection with its reported beneficial ownership of BlackRock MuniYield PA Quality shares.
Does the MPA filing indicate ownership on behalf of other persons?
Under Item 6, the filing states “Not applicable” regarding ownership of more than 5% on behalf of another person. It does not list any other person as having the right to receive dividends or proceeds from the reported shares.