BYM Crosses Below Key Moving Average Level

In trading on Wednesday, shares of BlackRock Municipal Income Quality Trust (BYM) crossed below their 200 day moving average of $14.18, changing hands as low as $14.16 per share. BlackRock Municipal Income Quality Trust shares are currently trading off about 1% on the day. The chart below shows the one year performance of BYM shares, versus its 200 day moving average:

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BlackRock Municipal Income Quality Trust 200 Day Moving Average Chart

Looking at the chart above, BYM's low point in its 52 week range is $13.51 per share, with $15.17 as the 52 week high point — that compares with a last trade of $14.16.

According to the ETF Finder at ETF Channel, BYM makes up 1.00% of the CEF Municipal Income ETF ( XMPT) which is trading lower by about 0.4% on the day Wednesday.

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