Bard Financial Services Inc. lowered its holdings in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 76.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,000 shares of the investment management company's stock after selling 48,000 shares during the quarter. Bard Financial Services Inc.'s holdings in BlackRock MuniYield Quality Fund III were worth $180,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently made changes to their positions in MYI. International Assets Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the 2nd quarter valued at approximately $42,000. Larson Financial Group LLC grew its stake in shares of BlackRock MuniYield Quality Fund III by 238.1% during the 3rd quarter. Larson Financial Group LLC now owns 6,085 shares of the investment management company's stock valued at $73,000 after acquiring an additional 4,285 shares during the period. Wolverine Asset Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the 2nd quarter valued at approximately $80,000. Icon Wealth Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the 3rd quarter valued at approximately $104,000. Finally, Callan Family Office LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the 2nd quarter valued at approximately $154,000. Hedge funds and other institutional investors own 34.01% of the company's stock.
BlackRock MuniYield Quality Fund III Trading Down 0.6 %
Shares of NYSE:MYI traded down $0.07 during mid-day trading on Thursday, reaching $11.48. 239,198 shares of the company traded hands, compared to its average volume of 222,050. The company's 50 day moving average price is $11.51 and its 200-day moving average price is $11.45. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $10.83 and a 52 week high of $12.07.
BlackRock MuniYield Quality Fund III Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a dividend of $0.0555 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.80%.
BlackRock MuniYield Quality Fund III Profile
(
Free Report)
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.
Recommended Stories
Before you consider BlackRock MuniYield Quality Fund III, 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 Quality Fund III wasn't on the list.
While BlackRock MuniYield Quality Fund III currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
