Bard Financial Services Inc. Buys 42,500 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Bard Financial Services Inc. grew its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 283.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,500 shares of the investment management company's stock after buying an additional 42,500 shares during the period. Bard Financial Services Inc. owned approximately 0.08% of BlackRock MuniYield Quality Fund III worth $632,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $266,000. HighTower Advisors LLC increased its position in BlackRock MuniYield Quality Fund III by 65.6% during the 4th quarter. HighTower Advisors LLC now owns 151,639 shares of the investment management company's stock worth $1,674,000 after buying an additional 60,093 shares during the period. Raymond James Financial Inc. bought a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $9,107,000. Citadel Advisors LLC bought a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $131,000. Finally, Disciplined Investors L.L.C. bought a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $375,000. Institutional investors own 34.01% of the company's stock.

BlackRock MuniYield Quality Fund III Stock Down 1.0%

MYI stock traded down $0.10 during trading hours on Friday, hitting $10.39. 126,770 shares of the stock were exchanged, compared to its average volume of 225,074. The company has a 50-day simple moving average of $10.47 and a two-hundred day simple moving average of $10.89. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $9.98 and a 12 month high of $12.07.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business 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 annualized dividend and a dividend yield of 6.41%. The ex-dividend date is Friday, June 13th.

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.