Noble Wealth Management PBC bought a new stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 24,848 shares of the investment management company's stock, valued at approximately $274,000.
Several other hedge funds also recently modified their holdings of the business. Stifel Financial Corp raised its position in shares of BlackRock MuniYield Quality Fund III by 40.0% during the 3rd quarter. Stifel Financial Corp now owns 623,360 shares of the investment management company's stock valued at $7,480,000 after acquiring an additional 177,997 shares during the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund III by 8.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,073,688 shares of the investment management company's stock valued at $11,854,000 after purchasing an additional 86,787 shares during the last quarter. Scarborough Advisors LLC acquired a new position in BlackRock MuniYield Quality Fund III in the fourth quarter valued at about $699,000. Ackerman Capital Advisors LLC bought a new position in BlackRock MuniYield Quality Fund III during the fourth quarter worth about $517,000. Finally, International Assets Investment Management LLC grew its position in shares of BlackRock MuniYield Quality Fund III by 1,108.2% during the 3rd quarter. International Assets Investment Management LLC now owns 44,872 shares of the investment management company's stock worth $5,380,000 after buying an additional 41,158 shares during the period. Institutional investors own 34.01% of the company's stock.
BlackRock MuniYield Quality Fund III Price Performance
Shares of MYI traded up $0.03 during trading hours on Wednesday, reaching $11.21. The stock had a trading volume of 145,062 shares, compared to its average volume of 222,711. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $10.83 and a 52 week high of $12.07. The firm has a 50-day moving average of $11.11 and a 200 day moving average of $11.40.
BlackRock MuniYield Quality Fund III Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.0555 per share. The ex-dividend date is Friday, March 14th. This represents a $0.67 annualized dividend and a dividend yield of 5.94%.
BlackRock MuniYield Quality Fund III Company Profile
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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.
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