BlackRock MuniYield Quality Fund III, Inc. (MYI) To Go Ex-Dividend on September 15th

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.0555 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniYield Quality Fund III Stock Up 0.0%

BlackRock MuniYield Quality Fund III stock traded up $0.01 during midday trading on Friday, hitting $10.32. The stock had a trading volume of 395,199 shares, compared to its average volume of 302,333. The business has a fifty day moving average price of $10.76 and a 200 day moving average price of $10.86. BlackRock MuniYield Quality Fund III has a 12 month low of $10.26 and a 12 month high of $11.46.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund III

Several institutional investors and hedge funds have recently made changes to their positions in MYI. Geneos Wealth Management Inc. grew its position in shares of BlackRock MuniYield Quality Fund III by 803.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock valued at $56,000 after buying an additional 4,494 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 1.4% during the second quarter. NewEdge Advisors LLC now owns 206,048 shares of the investment management company’s stock valued at $2,161,000 after acquiring an additional 2,822 shares during the period. Karpus Management Inc. boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 3.0% during the second quarter. Karpus Management Inc. now owns 327,800 shares of the investment management company’s stock valued at $3,439,000 after acquiring an additional 9,600 shares during the period. Jane Street Group LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the second quarter worth about $373,000. Finally, Kim LLC grew its position in shares of BlackRock MuniYield Quality Fund III by 1.1% during the second quarter. Kim LLC now owns 203,124 shares of the investment management company’s stock worth $2,131,000 after acquiring an additional 2,117 shares during the last quarter. 34.01% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Company Profile

BlackRock MuniYield Quality Fund III, Inc (NYSE: MYI) is a closed-end investment company that seeks to provide current income exempt from regular U.S. federal income tax. The fund invests primarily in a portfolio of municipal bonds and other municipal obligations issued by states, cities, counties, and related public entities.

The fund generally focuses on investment-grade municipal securities, although it may also invest in lower-rated obligations when permitted by its investment policies.