JPMorgan exits MQY preferred shares stake

JPMorgan Chase & Co. and DNT Asset Trust filed Amendment No. 1 to their Schedule 13D regarding BlackRock MuniYield Quality Fund, Inc.’s Variable Rate Demand Preferred Shares.

Accepted by SEC EDGAR 03/02/2026 - 06:35 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

JPMorgan Chase & Co. and DNT Asset Trust filed Amendment No. 1 to their Schedule 13D regarding BlackRock MuniYield Quality Fund, Inc.’s Variable Rate Demand Preferred Shares. DNT Asset Trust sold its Preferred Shares in an open market transaction on February 23, 2026 at $100,000 per share.

After this sale, the reporting persons now report 0.00 shares beneficially owned and 0% of this class, indicating they no longer hold any Preferred Shares or a more-than-five-percent stake in the security.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does JPMorgan’s Schedule 13D/A for BlackRock MuniYield Quality Fund (MQY) disclose?

The amendment discloses that JPMorgan Chase & Co. and DNT Asset Trust no longer own any MQY Variable Rate Demand Preferred Shares. It updates their prior filing to show zero beneficial ownership and a 0% stake in this preferred share class.

At what price did DNT Asset Trust sell MQY Variable Rate Demand Preferred Shares?

DNT Asset Trust sold the Variable Rate Demand Preferred Shares for $100,000 per share. The filing states these shares were sold in an open market transaction on February 23, 2026, at that per-share price, referred to as the “Transaction” in the amendment.

Do JPMorgan Chase & Co. and DNT Asset Trust still own MQY Preferred Shares?

No, they report owning 0.00 shares of MQY’s Variable Rate Demand Preferred Shares. Following the February 23, 2026 transaction, the amendment shows zero sole or shared voting and dispositive power, and an aggregate beneficial ownership of 0.00 shares, or 0% of the class.

When did JPMorgan and DNT Asset Trust cease to be 5% beneficial owners of MQY Preferred Shares?

They ceased to be beneficial owners of more than five percent on February 23, 2026. The amendment explains that, as a result of the Transaction on that date, their beneficial ownership fell below the five-percent threshold for the Variable Rate Demand Preferred Shares class.

Which securities of BlackRock MuniYield Quality Fund (MQY) are covered in this Schedule 13D amendment?

The amendment covers Variable Rate Demand Preferred Shares of BlackRock MuniYield Quality Fund, Inc. It confirms that these specific Preferred Shares were sold in an open market transaction and that the reporting persons no longer hold any of this security class.

Who are the reporting persons in the MQY Schedule 13D/A and where are they organized?

The reporting persons are JPMorgan Chase & Co. and DNT Asset Trust, both organized in Delaware. The cover pages list their names, indicate Delaware as the citizenship or place of organization, and provide contact details for Michael Lees at JPMorgan Chase & Co.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

BLACKROCK MUNIYIELD QUALITY FUND, INC.

(Name of Issuer)

VARIABLE RATE DEMAND PREFERRED SHARES

(Title of Class of Securities)

Michael Lees
JPMorgan Chase & Co., 270 Park Avenue
New York, NY, 10017
(212) 270-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

02/23/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

JPMorgan Chase & Co.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0 %

14

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

DNT Asset Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: VARIABLE RATE DEMAND PREFERRED SHARES
(b)	Name of Issuer: BLACKROCK MUNIYIELD QUALITY FUND, INC.
(c)	Address of Issuer's Principal Executive Offices: 100 Bellevue Parkway, Wilmington, DELAWARE , 19809.
Item 1 Comment: This Amendment No. 1 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated February 23, 2026 and filed with the SEC on March 2, 2026 (the "Original Schedule 13D"), for JPMorgan Chase & Co. ("JPMC") and DNT Asset Trust ("DNT Trust") (collectively, the "Reporting Persons") with respect to certain Variable Rate Demand Preferred Shares ("Preferred Shares") of BLACKROCK MUNIYIELD QUALITY FUND, INC. (the "Issuer"). This Amendment is being filed as a result of the sale by DNT Trust of the Preferred Shares in an open market transaction.
Item 2.	Identity and Background
(a)	This information is not changed by this Amendment.
(b)	This information is not changed by this Amendment.
(c)	Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule A and Schedule B referenced therein and replacing them with Schedule A and Schedule B included with this Amendment and attached as an Exhibit hereto.
(d)	Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule A and Schedule B referenced therein and replacing them with Schedule A and Schedule B included with this Amendment and attached as an Exhibit hereto.
(e)	Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule A and Schedule B referenced therein and replacing them with Schedule A and Schedule B included with this Amendment and attached as an Exhibit hereto.
(f)	Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule A and Schedule B referenced therein and replacing them with Schedule A and Schedule B included with this Amendment and attached as an Exhibit hereto.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "The Preferred Shares held by DNT Trust were sold in an open market transaction on February 23, 2026 for a price of $100,000 per share (the "Transaction") and as a result of the Transaction, the Reporting Persons no longer own any Preferred Shares of the Issuer.
Item 4.	Purpose of Transaction
	Item 4 of the Original Schedule 13D is hereby amended by adding the following paragraph at the end thereof: "As a result of the Transaction, the Reporting Persons no longer own any Preferred Shares of the Issuer."
Item 5.	Interest in Securities of the Issuer
(a)	This information is not changed by this Amendment.
(b)	This information is not changed by this Amendment.
(c)	This information is not changed by this Amendment.
(d)	Item 5(d) of the Original Schedule 13D is hereby amended by deleting paragraph (d) therein and replacing it in its entirety with the following: "(d) Not applicable."
(e)	Item 5(e) of the Original Schedule 13D is hereby amended by deleting paragraph (e) therein and replacing it in its entirety with the following: "(e) On February 23, 2026, as a result of the Transaction, the Reporting Persons ceased to be the beneficial owner of more than five percent of the class of securities."
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	This information is not changed by this Amendment.
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Original Schedule 13D is hereby amended by deleting Exhibit 99.1 thereto and inserting the following exhibits in its place: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement" Item 7 of the Original Schedule 13D is hereby further amended by adding the following Exhibit to the listings of exhibits to be attached to this Schedule 13D: "Exhibit Description of Exhibit 99.3 Amended and Restated Schedule A and Schedule B"

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.

JPMorgan Chase & Co.

Signature:	/s/ Michael Lees
Name/Title:	Michael Lees, Executive Director
Date:	03/02/2026

DNT Asset Trust

Signature:	/s/ Tim A. Self
Name/Title:	Tim A. Self, Authorized Officer
Date:	03/02/2026

Comments accompanying signature:

Please note that Item 2 of the Original Schedule 13D is hereby amended by deleting Schedule A and Schedule B referenced therein and replacing them with the amended and restated Schedule A and Schedule B attached to this Amendment.