Chicago Partners Investment Group LLC Acquires Shares of 68,016 BlackRock MuniYield Quality Fund III, Inc. $MYI

Chicago Partners Investment Group LLC acquired a new position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 68,016 shares of the investment management company’s stock, valued at approximately $746,000.

Several other hedge funds also recently modified their holdings of the business. Trust Co. of Vermont acquired a new stake in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at approximately $25,000. Geneos Wealth Management Inc. grew its position in BlackRock MuniYield Quality Fund III by 803.9% in the first quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock valued at $56,000 after purchasing an additional 4,494 shares in the last quarter. Elyxium Wealth LLC bought a new stake in BlackRock MuniYield Quality Fund III during the fourth quarter worth about $69,000. Comerica Bank increased its stake in shares of BlackRock MuniYield Quality Fund III by 22,586.2% during the 4th quarter. Comerica Bank now owns 6,579 shares of the investment management company’s stock worth $72,000 after purchasing an additional 6,550 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 1st quarter worth about $86,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of NYSE:MYI opened at $10.93 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $10.20 and a 12-month high of $11.46. The company’s 50 day moving average price is $10.93 and its two-hundred day moving average price is $10.97.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a dividend of $0.0555 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 6.1%.

BlackRock MuniYield Quality Fund III Company Profile

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.