NewEdge Advisors LLC Grows Stock Holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

NewEdge Advisors LLC boosted its holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 194,541 shares of the investment management company’s stock after buying an additional 7,794 shares during the quarter. NewEdge Advisors LLC owned approximately 0.29% of BlackRock MuniYield Quality Fund III worth $2,148,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Capital Investment Advisors LLC lifted its stake in BlackRock MuniYield Quality Fund III by 0.7% during the fourth quarter. Capital Investment Advisors LLC now owns 261,498 shares of the investment management company’s stock worth $2,887,000 after purchasing an additional 1,748 shares during the last quarter. Eastern Bank grew its position in shares of BlackRock MuniYield Quality Fund III by 22.8% in the 4th quarter. Eastern Bank now owns 131,231 shares of the investment management company’s stock valued at $1,449,000 after buying an additional 24,371 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in BlackRock MuniYield Quality Fund III by 8.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,073,688 shares of the investment management company’s stock worth $11,854,000 after acquiring an additional 86,787 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in BlackRock MuniYield Quality Fund III in the fourth quarter valued at $266,000. Finally, Mariner Investment Group LLC acquired a new position in BlackRock MuniYield Quality Fund III in the fourth quarter valued at $451,000. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Trading Down 2.0 %

MYI opened at $10.22 on Tuesday. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $9.98 and a one year high of $12.07. The business’s 50-day simple moving average is $10.89 and its 200-day simple moving average is $11.16.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be paid a $0.0555 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 6.52%. The ex-dividend date of this dividend is Tuesday, April 15th.

About BlackRock MuniYield Quality Fund III

BlackRock MuniYield Quality Fund III, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes.