Indiana Trust & Investment Management Co Purchases New Position in BlackRock MuniYield Quality Fund III, Inc. $MYI

Indiana Trust & Investment Management Co purchased a new stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 91,249 shares of the investment management company’s stock, valued at approximately $959,000.

Several other hedge funds have also recently bought and sold shares of the stock. Rareview Capital LLC boosted its stake in shares of BlackRock MuniYield Quality Fund III by 22.1% in the 1st quarter. Rareview Capital LLC now owns 461,043 shares of the investment management company’s stock valued at $4,836,000 after purchasing an additional 83,565 shares in the last quarter. Realta Investment Advisors acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 1st quarter worth about $140,000. River Street Advisors LLC bought a new position in BlackRock MuniYield Quality Fund III during the 1st quarter valued at about $281,000. Davis Investment Partners LLC acquired a new position in BlackRock MuniYield Quality Fund III in the first quarter valued at about $272,000. Finally, CENTRAL TRUST Co bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter worth about $200,000. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Stock Up 0.0%

NYSE MYI opened at $11.12 on Monday. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $10.20 and a 1-year high of $11.46. The company has a 50 day moving average of $10.91 and a 200-day moving average of $10.95.

BlackRock MuniYield Quality Fund III Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a dividend of $0.0555 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

About BlackRock MuniYield Quality Fund III

BlackRock MuniYield Quality Fund III (NYSE: MYI) is a closed-end management investment company that seeks to provide investors with a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including bonds, notes and other debt obligations issued by state and local governments, agencies and authorities across the United States.

In managing its portfolio, the fund generally allocates at least 80% of its total assets to investment-grade municipal debt instruments.