Guggenheim Capital LLC Reduces Holdings in BlackRock MuniYield Quality Fund III, Inc. $MYI

Guggenheim Capital LLC reduced its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 5.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,280,694 shares of the investment management company’s stock after selling 78,278 shares during the period. Guggenheim Capital LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $13,434,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC acquired a new position in BlackRock MuniYield Quality Fund III in the 1st quarter worth $40,000. Traub Capital Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the second quarter valued at about $43,000. Geneos Wealth Management Inc. increased its position in shares of BlackRock MuniYield Quality Fund III by 803.9% during the first quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock worth $56,000 after acquiring an additional 4,494 shares during the last quarter. Chung Wu Investment Group LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III in the second quarter worth about $63,000. Finally, Plancorp LLC purchased a new position in BlackRock MuniYield Quality Fund III in the first quarter valued at about $110,000. Hedge funds and other institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of NYSE MYI opened at $11.10 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a fifty-two week low of $9.98 and a fifty-two week high of $11.63. The business has a 50 day moving average price of $11.00 and a two-hundred day moving average price of $10.69.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were issued a $0.0555 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) annualized dividend and a yield of 6.0%.

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.