RiverNorth Capital Management Reports 6.91% Stake in BlackRock MuniYield Pennsylvania Quality Fund
On May 15, 2026, RiverNorth Capital Management, LLC filed a Schedule 13G/A with the SEC, reporting a significant new position in BlackRock MuniYield Pennsylvania Quality Fund (ticker: MPA). As of the event date on March 31, 2026, RiverNorth disclosed beneficial ownership of 894,459 common shares, representing a 6.91% ownership stake in the company. This filing marks an increase from a previously reported 0% position, establishing RiverNorth as a major shareholder. The shares are held with sole voting and dispositive power, indicating direct control over the investment. The filing was made under Rule 13d-1(b), which applies to institutional investment managers acquiring securities in the ordinary course of business without the intent to influence or change the control of the issuer. RiverNorth Capital Management is a Delaware-based limited liability company acting as an investment adviser. The filing confirms that other parties have the right to receive proceeds from the sale of these securities, common in managed fund structures.