BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Get Rating) by 27.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 155,991 shares of the investment management company’s stock after buying an additional 33,560 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock MuniYield Quality Fund III were worth $1,749,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MYI. Melfa Wealth Management LLC purchased a new position in BlackRock MuniYield Quality Fund III in the 4th quarter worth approximately $2,511,000. Allianz Asset Management GmbH purchased a new stake in BlackRock MuniYield Quality Fund III during the 1st quarter worth $2,492,000. Hennion & Walsh Asset Management Inc. lifted its holdings 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 buying an additional 144,112 shares in the last quarter. Guggenheim Capital LLC boosted its position in BlackRock MuniYield Quality Fund III by 27.7% in the 3rd quarter. Guggenheim Capital LLC now owns 558,273 shares of the investment management company’s stock valued at $5,823,000 after buying an additional 121,053 shares during the last quarter. Finally, Robinson Capital Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at about $1,063,000.

BlackRock MuniYield Quality Fund III Trading Down 0.6 %

NYSE:MYI opened at $10.79 on Monday. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $9.96 and a one year high of $12.41. The business’s 50-day simple moving average is $11.05 and its 200 day simple moving average is $11.04.

BlackRock MuniYield Quality Fund III Dividend Announcement

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

BlackRock MuniYield Quality Fund III Company 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.