Private Advisor Group LLC Has $93,000 Position in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Private Advisor Group LLC lowered its holdings in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYDFree Report) by 50.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,103 shares of the financial services provider’s stock after selling 10,246 shares during the period. Private Advisor Group LLC’s holdings in BlackRock MuniYield Fund were worth $93,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MYD. Raymond James & Associates boosted its stake in BlackRock MuniYield Fund by 13.0% during the first quarter. Raymond James & Associates now owns 64,366 shares of the financial services provider’s stock worth $813,000 after buying an additional 7,384 shares in the last quarter. HighTower Advisors LLC boosted 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 buying an additional 2,678 shares in the last quarter. Cohen & Steers Inc. boosted 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 buying an additional 2,400 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of BlackRock MuniYield Fund by 11.5% in the 1st quarter. Guggenheim Capital LLC now owns 560,979 shares of the financial services provider’s stock valued at $7,085,000 after purchasing an additional 57,646 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of BlackRock MuniYield Fund by 1.4% in the 1st quarter. Royal Bank of Canada now owns 93,350 shares of the financial services provider’s stock valued at $1,179,000 after purchasing an additional 1,323 shares in the last quarter. Institutional investors and hedge funds own 29.42% of the company’s stock.

BlackRock MuniYield Fund Stock Performance

Shares of NYSE:MYD opened at $10.77 on Thursday. BlackRock MuniYield Fund, Inc. has a 52 week low of $8.76 and a 52 week high of $11.16. The company’s fifty day moving average is $10.64 and its 200-day moving average is $10.06.

BlackRock MuniYield Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a $0.0525 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a dividend yield of 6.01%.

BlackRock MuniYield Fund Company Profile

(Free Report)

BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.

Featured Articles

Want to see what other hedge funds are holding MYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniYield Fund, Inc. (NYSE:MYDFree Report).

Institutional Ownership by Quarter for BlackRock MuniYield Fund (NYSE:MYD)

Receive News & Ratings for BlackRock MuniYield Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniYield Fund and related companies with MarketBeat.com's FREE daily email newsletter.