Wells Fargo & Company MN lowered its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 6.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 435,121 shares of the investment management company's stock after selling 31,548 shares during the period. Wells Fargo & Company MN owned approximately 0.64% of BlackRock MuniYield Quality Fund III worth $4,804,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Creative Financial Designs Inc. ADV acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at approximately $43,000. Virtu Financial LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at $185,000. Pathway Financial Advisers LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth $211,000. Janney Montgomery Scott LLC bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth $266,000. Finally, Noble Wealth Management PBC acquired a new stake in BlackRock MuniYield Quality Fund III in the fourth quarter valued at about $274,000. Institutional investors own 34.01% of the company's stock.
BlackRock MuniYield Quality Fund III Price Performance
NYSE:MYI traded up $0.06 on Friday, hitting $10.56. The company had a trading volume of 70,659 shares, compared to its average volume of 228,439. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $9.98 and a 52 week high of $12.07. The firm has a 50 day moving average of $10.85 and a two-hundred day moving average of $11.14.
BlackRock MuniYield Quality Fund III Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a $0.0555 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.31%. The ex-dividend date of this dividend is Tuesday, April 15th.
BlackRock MuniYield Quality Fund III Company 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.
Read More
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
