Envestnet Asset Management Inc. Buys 3,758 Shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Envestnet Asset Management Inc. increased its position in BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Rating) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,116 shares of the financial services provider’s stock after acquiring an additional 3,758 shares during the quarter. Envestnet Asset Management Inc.’s holdings in BlackRock MuniYield Fund were worth $1,021,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MYD. Private Advisor Group LLC increased its holdings in shares of BlackRock MuniYield Fund by 6.1% in the 4th quarter. Private Advisor Group LLC now owns 19,829 shares of the financial services provider’s stock worth $206,000 after buying an additional 1,148 shares during the last quarter. Royal Bank of Canada lifted its stake in BlackRock MuniYield Fund by 1.4% during the first quarter. Royal Bank of Canada now owns 93,350 shares of the financial services provider’s stock worth $1,179,000 after purchasing an additional 1,323 shares during the last quarter. Cohen & Steers Inc. lifted its stake in BlackRock MuniYield Fund by 14.1% during the first quarter. Cohen & Steers Inc. now owns 19,374 shares of the financial services provider’s stock worth $245,000 after purchasing an additional 2,400 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in BlackRock MuniYield Fund by 3.5% during the third quarter. Rockefeller Capital Management L.P. now owns 75,033 shares of the financial services provider’s stock worth $744,000 after purchasing an additional 2,517 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in BlackRock MuniYield Fund by 8.3% during the first quarter. HighTower Advisors LLC now owns 34,791 shares of the financial services provider’s stock worth $439,000 after purchasing an additional 2,678 shares during the last quarter.

BlackRock MuniYield Fund Stock Up 0.8 %

Shares of MYD stock opened at $10.08 on Friday. BlackRock MuniYield Fund, Inc. has a 12-month low of $9.47 and a 12-month high of $12.01. The business has a 50-day moving average price of $10.52 and a two-hundred day moving average price of $10.58.

BlackRock MuniYield Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Monday, May 15th will be given a dividend of $0.0365 per share. This represents a $0.44 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Friday, May 12th.

BlackRock MuniYield Fund Company Profile

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BlackRock MuniYield Fund, Inc is a non-diversified, closed-end management investment fund. Its investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management by investing primarily in a portfolio of long-term municipal bonds.