TrinityPoint Wealth LLC Raises Stock Holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

TrinityPoint Wealth LLC boosted its holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 91,560 shares of the investment management company’s stock after buying an additional 2,880 shares during the quarter. TrinityPoint Wealth LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $1,011,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Pathstone Holdings LLC raised its position in BlackRock MuniYield Quality Fund III by 25.3% in the 4th quarter. Pathstone Holdings LLC now owns 995,957 shares of the investment management company’s stock worth $11,046,000 after buying an additional 201,347 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter valued at about $423,000. Citadel Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter valued at about $131,000. Mercer Global Advisors Inc. ADV bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter valued at about $245,000. Finally, Two Sigma Securities LLC bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter valued at about $141,000. Hedge funds and other institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Performance

BlackRock MuniYield Quality Fund III stock opened at $10.59 on Friday. The business has a 50-day simple moving average of $10.67 and a two-hundred day simple moving average of $11.02. BlackRock MuniYield Quality Fund III, Inc. has a 52-week low of $9.98 and a 52-week high of $12.07.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.0555 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.29%.

BlackRock MuniYield Quality Fund III Profile

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.