BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp grew its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 8.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 485,279 shares of the investment management company’s stock after buying an additional 38,977 shares during the quarter. Van ECK Associates Corp owned 0.71% of BlackRock MuniYield Quality Fund III worth $5,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MYI. Raymond James & Associates lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 2.8% in the 3rd quarter. Raymond James & Associates now owns 308,726 shares of the investment management company’s stock valued at $2,948,000 after buying an additional 8,381 shares during the period. Cambridge Trust Co. lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 48.9% in the 3rd quarter. Cambridge Trust Co. now owns 37,225 shares of the investment management company’s stock valued at $355,000 after buying an additional 12,225 shares during the period. Advisor Partners II LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 3rd quarter valued at about $3,978,000. Sfmg LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 3rd quarter valued at about $158,000. Finally, Avantax Advisory Services Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund III in the 3rd quarter valued at about $134,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of BlackRock MuniYield Quality Fund III stock opened at $11.05 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $9.32 and a twelve month high of $11.70. The business has a 50-day moving average price of $11.26 and a 200 day moving average price of $11.02.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be paid a $0.0555 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.67 annualized dividend and a dividend yield of 6.03%.

BlackRock MuniYield Quality Fund III Company Profile

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.