Rareview Capital LLC lessened its holdings in BlackRock MuniYield Fund, Inc. (NYSE:MYD - Free Report) by 26.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 102,887 shares of the financial services provider's stock after selling 36,159 shares during the period. Rareview Capital LLC owned 0.22% of BlackRock MuniYield Fund worth $1,176,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Choreo LLC lifted its holdings in shares of BlackRock MuniYield Fund by 8.5% during the 4th quarter. Choreo LLC now owns 12,738 shares of the financial services provider's stock worth $132,000 after acquiring an additional 994 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of BlackRock MuniYield Fund by 10.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 21,528 shares of the financial services provider's stock worth $240,000 after acquiring an additional 2,000 shares during the last quarter. Tanglewood Legacy Advisors LLC bought a new stake in shares of BlackRock MuniYield Fund during the 4th quarter worth $47,000. Hollencrest Capital Management lifted its holdings in shares of BlackRock MuniYield Fund by 39.4% during the 4th quarter. Hollencrest Capital Management now owns 16,985 shares of the financial services provider's stock worth $176,000 after acquiring an additional 4,800 shares during the last quarter. Finally, Intellectus Partners LLC boosted its stake in shares of BlackRock MuniYield Fund by 10.1% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 33.77% of the company's stock.
BlackRock MuniYield Fund Price Performance
Shares of BlackRock MuniYield Fund stock traded down $0.00 during trading on Wednesday, reaching $10.46. The company's stock had a trading volume of 232,067 shares, compared to its average volume of 142,216. BlackRock MuniYield Fund, Inc. has a 52-week low of $10.27 and a 52-week high of $11.74. The firm's 50-day moving average is $10.69 and its two-hundred day moving average is $11.01.
BlackRock MuniYield Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a $0.0545 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.25%.
BlackRock MuniYield Fund Company Profile
(
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
