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.
Positive
None.
Negative
None.
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
Beneficial ownership:894,459 sharesPercent of class:6.91%CUSIP:09255G107+2 more
Percent of class6.91%Percent of common shares outstanding
CUSIP09255G107BlackRock MuniYield Pennsylvania Quality Fund Common
FilerRiverNorth Capital Management, LLCReporting person on Schedule 13G/A
Signature date05/15/2026Amendment signed by Marcus Collins
Key Terms
beneficially owned, sole dispositive power, Schedule 13G/A, Investment Company Act
4 terms
beneficially ownedregulatory
"Amount beneficially owned: 894,459"
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 powerregulatory
"Sole Dispositive Power 894,459.00"
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/Aregulatory
"Amendment No. 1 ) ... SCHEDULE 13G/A"
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.
Investment Company Actregulatory
"investment company registered under the Investment Company Act of 1940"
The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
BLACKROCK MUNIYIELD PENNSYLVANIA QUALITY FUND
(Name of Issuer)
Common
(Title of Class of Securities)
09255G107
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
09255G107
1
Names of Reporting Persons
RIVERNORTH CAPITAL MANAGEMENT, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
894,459.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
894,459.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
894,459.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.91 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BLACKROCK MUNIYIELD PENNSYLVANIA QUALITY FUND
(b)
Address of issuer's principal executive offices:
100 BELLEVUE PARKWAY, WILMINGTON, DE, 19809
Item 2.
(a)
Name of person filing:
RiverNorth Capital Management, LLC
(b)
Address or principal business office or, if none, residence:
360 S. Rosemary Avenue, Ste. 1420
West Palm Beach, Florida 33401
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Common
(e)
CUSIP No.:
09255G107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
894,459
(b)
Percent of class:
6.91 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
894,459
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
894,459
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Other persons have the right to receive the proceeds from the sale of the securities reported herein.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Not applicable.
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not applicable.
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not applicable.
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
RIVERNORTH CAPITAL MANAGEMENT, LLC
Signature:
/s/ Marcus Collins
Name/Title:
Marcus Collins, General Counsel and Chief Compliance Officer
RiverNorth reports beneficial ownership of 894,459 shares of MPA, representing 6.91% of the class. The filing states RiverNorth has sole voting and sole dispositive power over those shares and files under Schedule 13G/A as an investor exceeding 5% ownership.
Does the filing indicate how RiverNorth will vote or trade MPA shares?
The filing states RiverNorth has sole voting and dispositive power over 894,459 shares but does not describe any trading plans. It is a passive Schedule 13G/A disclosure; future filings would show changes in intent or specific transactions.
Are other parties entitled to proceeds from the MPA shares RiverNorth reports?
Yes. The filing notes that other persons have the right to receive proceeds from sale of the reported securities, a disclosure sometimes used when holdings are on behalf of funds or clients under the Investment Company Act framework.
Who signed the Schedule 13G/A amendment for RiverNorth?
The amendment is signed by Marcus Collins, General Counsel and Chief Compliance Officer, with the signature dated 05/15/2026. The signature affirms the accuracy of the amended ownership disclosure.
