BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Holdings Trimmed by UBS Group AG

UBS Group AG lowered its holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Get Rating) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,228,476 shares of the investment management company’s stock after selling 73,761 shares during the period. UBS Group AG’s holdings in BlackRock MuniYield Quality Fund III were worth $13,771,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MYI. Hennion & Walsh Asset Management Inc. lifted its stake in BlackRock MuniYield Quality Fund III by 14.0% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,170,976 shares of the investment management company’s stock worth $13,127,000 after acquiring an additional 144,112 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of BlackRock MuniYield Quality Fund III by 10.0% in the second quarter. Wells Fargo & Company MN now owns 865,891 shares of the investment management company’s stock worth $10,096,000 after purchasing an additional 78,935 shares in the last quarter. Guggenheim Capital LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 27.7% during the third quarter. Guggenheim Capital LLC now owns 558,273 shares of the investment management company’s stock worth $5,823,000 after purchasing an additional 121,053 shares during the period. Advisors Asset Management Inc. grew its position in BlackRock MuniYield Quality Fund III by 11.1% during the third quarter. Advisors Asset Management Inc. now owns 471,878 shares of the investment management company’s stock valued at $4,922,000 after purchasing an additional 47,037 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in BlackRock MuniYield Quality Fund III by 19.1% in the 4th quarter. Van ECK Associates Corp now owns 379,825 shares of the investment management company’s stock valued at $4,258,000 after buying an additional 60,876 shares during the period.

BlackRock MuniYield Quality Fund III Price Performance

Shares of NYSE:MYI opened at $10.79 on Friday. The firm has a fifty day moving average of $11.05 and a two-hundred day moving average of $11.03. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $9.96 and a 12-month high of $12.41.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 1st. Investors of record on Monday, May 15th will be given a dividend of $0.0405 per share. The ex-dividend date is Friday, May 12th. This represents a $0.49 dividend on an annualized basis and a yield of 4.50%.

BlackRock MuniYield Quality Fund III Profile

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BlackRock MuniYield Quality Fund III, Inc operates as a closed-end investment fund. It intends to provide shareholders with current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management. The company was founded on April 13, 1992 and is headquartered in Wilmington, DE.