Bard Financial Services Inc. grew its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 283.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,500 shares of the investment management company's stock after purchasing an additional 42,500 shares during the quarter. Bard Financial Services Inc. owned approximately 0.08% of BlackRock MuniYield Quality Fund III worth $632,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the stock. Janney Montgomery Scott LLC acquired a new position in BlackRock MuniYield Quality Fund III in the 4th quarter valued at about $266,000. HighTower Advisors LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 65.6% during the fourth quarter. HighTower Advisors LLC now owns 151,639 shares of the investment management company's stock worth $1,674,000 after acquiring an additional 60,093 shares during the period. Raymond James Financial Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund III in the fourth quarter valued at approximately $9,107,000. Disciplined Investors L.L.C. bought a new position in shares of BlackRock MuniYield Quality Fund III during the fourth quarter worth approximately $375,000. Finally, Sit Investment Associates Inc. increased its stake in shares of BlackRock MuniYield Quality Fund III by 21.4% during the fourth quarter. Sit Investment Associates Inc. now owns 316,454 shares of the investment management company's stock worth $3,494,000 after purchasing an additional 55,701 shares during the period. 34.01% of the stock is owned by institutional investors.
BlackRock MuniYield Quality Fund III Stock Performance
NYSE:MYI traded up $0.03 during mid-day trading on Thursday, hitting $10.48. 65,080 shares of the stock were exchanged, compared to its average volume of 225,812. The firm's 50-day simple moving average is $10.48 and its 200 day simple moving average is $10.91. BlackRock MuniYield Quality Fund III, Inc. has a fifty-two week low of $9.98 and a fifty-two week high of $12.07.
BlackRock MuniYield Quality Fund III Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be issued a dividend of $0.0555 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date of this dividend is Friday, June 13th.
About BlackRock MuniYield Quality Fund III
(
Free Report)
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.
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