Walleye Capital LLC Purchases New Position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Walleye Capital LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYIGet Rating) during the first quarter, Holdings Channel reports. The institutional investor acquired 39,263 shares of the investment management company’s stock, valued at approximately $493,000.

Several other institutional investors have also recently made changes to their positions in MYI. Private Advisor Group LLC acquired a new stake in BlackRock MuniYield Quality Fund III during the fourth quarter valued at $150,000. Guggenheim Capital LLC grew its position in shares of BlackRock MuniYield Quality Fund III by 17.0% during the 4th quarter. Guggenheim Capital LLC now owns 370,091 shares of the investment management company’s stock valued at $5,485,000 after acquiring an additional 53,818 shares during the period. Advisors Asset Management Inc. increased its stake in shares of BlackRock MuniYield Quality Fund III by 7.6% in the 4th quarter. Advisors Asset Management Inc. now owns 328,115 shares of the investment management company’s stock valued at $4,863,000 after purchasing an additional 23,107 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in BlackRock MuniYield Quality Fund III by 57.9% in the 1st quarter. Capital Investment Advisors LLC now owns 160,593 shares of the investment management company’s stock worth $2,015,000 after purchasing an additional 58,902 shares during the period. Finally, Lindbrook Capital LLC acquired a new position in BlackRock MuniYield Quality Fund III in the 1st quarter worth about $85,000.

BlackRock MuniYield Quality Fund III Price Performance

Shares of MYI opened at $10.67 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $10.65 and a 12 month high of $15.04. The stock’s 50 day moving average is $11.74 and its two-hundred day moving average is $11.85.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Thursday, September 15th will be given a dividend of $0.0515 per share. The ex-dividend date is Wednesday, September 14th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.79%.

BlackRock MuniYield Quality Fund III Company Profile

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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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Institutional Ownership by Quarter for BlackRock MuniYield Quality Fund III (NYSE:MYI)

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