Atala Financial Inc Makes New $937,000 Investment in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Atala Financial Inc bought a new position in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 90,165 shares of the financial services provider's stock, valued at approximately $937,000. Atala Financial Inc owned approximately 0.19% of BlackRock MuniYield Fund as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Tanglewood Legacy Advisors LLC bought a new stake in shares of BlackRock MuniYield Fund during the 4th quarter valued at about $47,000. Avidian Wealth Enterprises LLC purchased a new stake in BlackRock MuniYield Fund in the fourth quarter valued at approximately $105,000. Simon Quick Advisors LLC bought a new stake in BlackRock MuniYield Fund during the fourth quarter valued at approximately $110,000. Independent Advisor Alliance bought a new stake in BlackRock MuniYield Fund during the fourth quarter valued at approximately $120,000. Finally, Wolverine Asset Management LLC grew its stake in BlackRock MuniYield Fund by 740.0% in the 4th quarter. Wolverine Asset Management LLC now owns 11,760 shares of the financial services provider's stock worth $122,000 after buying an additional 10,360 shares in the last quarter. 33.77% of the stock is currently owned by institutional investors.

BlackRock MuniYield Fund Trading Down 0.5 %

NYSE MYD traded down $0.05 during trading hours on Tuesday, reaching $10.45. 104,758 shares of the stock traded hands, compared to its average volume of 141,689. The stock has a 50 day simple moving average of $10.70 and a two-hundred day simple moving average of $11.02. BlackRock MuniYield Fund, Inc. has a 1 year low of $10.27 and a 1 year high of $11.74.

Remove Ads

BlackRock MuniYield Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.0545 per share. This represents a $0.65 dividend on an annualized basis and a yield of 6.26%. The ex-dividend date is Friday, March 14th.

About BlackRock MuniYield Fund

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.