Wells Fargo discloses 6.9% MPA stake in BlackRock MuniYield PA Quality (NYSE: MPA)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Wells Fargo & Company has filed an amended Schedule 13G reporting a passive ownership stake in BlackRock MuniYield PA Quality. As of 12/31/2025, it beneficially owned 897,743 common shares of beneficial interest, representing 6.9% of the fund’s outstanding class.
The filing shows Wells Fargo has no voting power over these shares but holds sole dispositive power, meaning it can decide if and when to sell them. The position is held in the ordinary course of business and is not intended to change or influence control of the fund, with portions attributed to broker-dealer subsidiaries including Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC.
Positive
- None.
Negative
- None.
FAQ
What stake does Wells Fargo hold in BlackRock MuniYield PA Quality (MPA)?
Wells Fargo & Company reports beneficial ownership of 897,743 common shares of beneficial interest in BlackRock MuniYield PA Quality, representing 6.9% of the outstanding class as of 12/31/2025. This reflects a significant but minority institutional position.
Is Wells Fargo’s MPA position intended to influence control of the fund?
Wells Fargo certifies the MPA securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filing characterizes the stake as a passive investment position.
Which Wells Fargo subsidiaries are associated with the MPA holdings?
The Schedule 13G/A is filed 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, each described as a broker or dealer registered under section 15 of the Exchange Act.
What type of security does MPA represent in this filing?
The filing covers Common Shares of Beneficial Interest of BlackRock MuniYield PA Quality, identified by CUSIP 09255G107. These shares represent investors’ interests in the closed-end fund rather than traditional corporate common stock.
Why did Wells Fargo file an amended Schedule 13G/A for MPA?
The amended Schedule 13G/A reflects updated information on Wells Fargo’s beneficial ownership in MPA as of 12/31/2025, showing it holds 6.9% of the class with sole dispositive power. Such amendments keep ownership disclosures current for investors and regulators.