Landscape Capital Management L.L.C. Makes New Investment in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Landscape Capital Management L.L.C. purchased a new stake in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 29,709 shares of the financial services provider's stock, valued at approximately $309,000. Landscape Capital Management L.L.C. owned approximately 0.06% of BlackRock MuniYield Fund as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of BlackRock MuniYield Fund by 54.7% during the 4th quarter. LPL Financial LLC now owns 249,227 shares of the financial services provider's stock valued at $2,589,000 after purchasing an additional 88,118 shares during the last quarter. Corient Private Wealth LLC grew its position in BlackRock MuniYield Fund by 30.4% during the fourth quarter. Corient Private Wealth LLC now owns 15,953 shares of the financial services provider's stock valued at $166,000 after acquiring an additional 3,723 shares during the last quarter. Atala Financial Inc purchased a new position in shares of BlackRock MuniYield Fund during the fourth quarter worth approximately $937,000. Commonwealth Equity Services LLC raised its stake in shares of BlackRock MuniYield Fund by 50.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 86,592 shares of the financial services provider's stock worth $900,000 after acquiring an additional 28,958 shares in the last quarter. Finally, Hollencrest Capital Management lifted its holdings in shares of BlackRock MuniYield Fund by 39.4% in 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. Institutional investors own 33.77% of the company's stock.

BlackRock MuniYield Fund Price Performance

Shares of MYD stock traded up $0.07 on Friday, hitting $9.79. 432,729 shares of the company's stock traded hands, compared to its average volume of 145,734. The company's fifty day simple moving average is $10.59 and its 200 day simple moving average is $10.86. BlackRock MuniYield Fund, Inc. has a one year low of $9.65 and a one year high of $11.74.

BlackRock MuniYield Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.0545 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.68%.

BlackRock MuniYield Fund Profile

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.