RFG Advisory LLC bought a new position in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,800 shares of the financial services provider's stock, valued at approximately $278,000. RFG Advisory LLC owned approximately 0.06% of BlackRock MuniYield Fund as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the stock. Sanctuary Advisors LLC grew its holdings in BlackRock MuniYield Fund by 10.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 21,528 shares of the financial services provider's stock valued at $240,000 after buying an additional 2,000 shares in the last quarter. Intellectus Partners LLC grew its holdings in shares of BlackRock MuniYield Fund by 10.1% in the third quarter. Intellectus Partners LLC now owns 76,000 shares of the financial services provider's stock valued at $872,000 after purchasing an additional 7,000 shares during the period. Simon Quick Advisors LLC purchased a new stake in shares of BlackRock MuniYield Fund in the fourth quarter valued at about $110,000. Private Advisor Group LLC acquired a new stake in BlackRock MuniYield Fund during the third quarter worth about $138,000. Finally, Virtu Financial LLC purchased a new position in BlackRock MuniYield Fund during the third quarter worth about $230,000. Institutional investors and hedge funds own 33.77% of the company's stock.
BlackRock MuniYield Fund Trading Down 0.1 %
MYD traded down $0.01 during trading hours on Friday, reaching $10.67. The company's stock had a trading volume of 126,936 shares, compared to its average volume of 112,968. BlackRock MuniYield Fund, Inc. has a fifty-two week low of $10.27 and a fifty-two week high of $11.74. The business's 50-day moving average is $10.79 and its 200-day moving average is $11.08.
BlackRock MuniYield Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.0545 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.65 annualized dividend and a yield of 6.13%.
About BlackRock MuniYield Fund
(
Free Report)
BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.
Featured Articles
Before you consider BlackRock MuniYield Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Fund wasn't on the list.
While BlackRock MuniYield Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
