Nomura Holdings Inc. bought a new stake in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 30,000 shares of the financial services provider's stock, valued at approximately $312,000. Nomura Holdings Inc. owned 0.06% of BlackRock MuniYield Fund at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Tanglewood Legacy Advisors LLC bought a new stake in shares of BlackRock MuniYield Fund in the fourth quarter valued at about $47,000. Avidian Wealth Enterprises LLC bought a new stake in shares of BlackRock MuniYield Fund in the 4th quarter valued at about $105,000. Simon Quick Advisors LLC purchased a new stake in shares of BlackRock MuniYield Fund in the 4th quarter worth approximately $110,000. Independent Advisor Alliance bought a new position in shares of BlackRock MuniYield Fund during the fourth quarter valued at approximately $120,000. Finally, Wolverine Asset Management LLC boosted its stake in shares of BlackRock MuniYield Fund by 740.0% during the fourth quarter. Wolverine Asset Management LLC now owns 11,760 shares of the financial services provider's stock valued at $122,000 after purchasing an additional 10,360 shares in the last quarter. 33.77% of the stock is currently owned by institutional investors.
BlackRock MuniYield Fund Trading Down 0.4%
Shares of MYD traded down $0.05 during trading hours on Wednesday, hitting $10.05. The company had a trading volume of 26,114 shares, compared to its average volume of 125,644. BlackRock MuniYield Fund, Inc. has a one year low of $9.65 and a one year high of $11.74. The company's fifty day moving average price is $10.20 and its two-hundred day moving average price is $10.60.
BlackRock MuniYield Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be given a $0.0545 dividend. This represents a $0.65 annualized dividend and a dividend yield of 6.51%. The ex-dividend date is Thursday, May 15th.
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.
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