RiverNorth reports 6.91% stake in BlackRock MPA
RiverNorth Capital Management, LLC filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 894,459 shares of BlackRock MuniYield Pennsylvania Quality Fund (CUSIP 09255G107), representing 6.91% of the class.
Rhea-AI Filing Summary
RiverNorth Capital Management, LLC filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 894,459 shares of BlackRock MuniYield Pennsylvania Quality Fund (CUSIP 09255G107), representing 6.91% of the class. The filing states RiverNorth has sole voting and sole dispositive power over 894,459 shares and notes that other persons have the right to receive proceeds from sales. The amendment is signed by Marcus Collins, General Counsel and Chief Compliance Officer, dated 05/15/2026.
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Insights
Routine Schedule 13G/A reporting of a >5% passive stake; disclosure aligns with ownership rules.
Schedule 13G/A filings are used by investors who claim passive intent when owning more than 5% of a class. The filing lists 894,459 shares and 6.91%, with sole voting and dispositive powers attributed to RiverNorth.
Key dependencies include whether RiverNorth maintains passive intent; any change to active intent would require different reporting. Subsequent amendments will disclose material ownership changes.
Non-manager investor now visible as a meaningful holder at 6.91% of the fund.
The position size, 894,459 shares, crosses the 5% reporting threshold that triggers Schedule 13G/A disclosure. The filing also notes that other persons have rights to proceeds from sales, indicating layered beneficial-interest relationships common in investment-company contexts.
Watch for future amendments if the stake changes materially or if the filer moves from passive to active status; those events alter reporting obligations and investor-read signals.
Key Figures
Key Terms
beneficially owned regulatory
sole dispositive power regulatory
Schedule 13G/A regulatory
Investment Company Act regulatory
FAQ
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What stake does RiverNorth report in MPA?
Who signed the Schedule 13G/A amendment for RiverNorth?
AI-generated analysis. How Rhea-AI works. Not financial advice.