BlackRock MuniYield Fund, Inc. (NYSE:MYD - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.25 and traded as low as $10.13. BlackRock MuniYield Fund shares last traded at $10.24, with a volume of 65,962 shares.
BlackRock MuniYield Fund Price Performance
The business has a 50-day simple moving average of $10.22 and a two-hundred day simple moving average of $10.61.
BlackRock MuniYield Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a $0.0545 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.54%.
Institutional Trading of BlackRock MuniYield Fund
A number of institutional investors and hedge funds have recently made changes to their positions in MYD. Simon Quick Advisors LLC acquired a new position in shares of BlackRock MuniYield Fund during the 4th quarter worth about $110,000. RFG Advisory LLC acquired a new position in shares of BlackRock MuniYield Fund during the 4th quarter worth about $278,000. Mariner Investment Group LLC acquired a new position in shares of BlackRock MuniYield Fund during the 4th quarter worth about $527,000. Choreo LLC lifted its position in shares of BlackRock MuniYield Fund by 8.5% during the 4th quarter. Choreo LLC now owns 12,738 shares of the financial services provider's stock worth $132,000 after purchasing an additional 994 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC acquired a new position in shares of BlackRock MuniYield Fund during the 4th quarter worth about $105,000. Institutional investors and hedge funds own 33.77% of the company's stock.
BlackRock MuniYield Fund Company Profile
(
Get 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.
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