Commonwealth Equity Services LLC Acquires 17,127 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Commonwealth Equity Services LLC grew its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 30.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 73,825 shares of the investment management company’s stock after acquiring an additional 17,127 shares during the period. Commonwealth Equity Services LLC owned about 0.11% of BlackRock MuniYield Quality Fund III worth $825,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund III in the 2nd quarter valued at about $42,000. American National Bank bought a new position in shares of BlackRock MuniYield Quality Fund III in the 1st quarter valued at about $53,000. Callan Family Office LLC bought a new position in shares of BlackRock MuniYield Quality Fund III in the 2nd quarter valued at about $154,000. All Season Financial Advisors Inc. bought a new position in shares of BlackRock MuniYield Quality Fund III in the 2nd quarter valued at about $156,000. Finally, Fisher Asset Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at about $191,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Price Performance

Shares of MYI opened at $11.89 on Thursday. The firm has a 50-day moving average of $11.51 and a 200-day moving average of $11.29. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $9.32 and a one year high of $11.98.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Investors of record on Tuesday, October 15th will be issued a dividend of $0.0555 per share. This represents a $0.67 annualized dividend and a dividend yield of 5.60%. The ex-dividend date of this dividend is Tuesday, October 15th.

BlackRock MuniYield Quality Fund III Company 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.