Nomura Holdings Inc. bought a new position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 38,300 shares of the investment management company's stock, valued at approximately $423,000. Nomura Holdings Inc. owned approximately 0.06% of BlackRock MuniYield Quality Fund III as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the stock. Citadel Advisors LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III in the fourth quarter worth $131,000. Mercer Global Advisors Inc. ADV purchased a new position in BlackRock MuniYield Quality Fund III in the 4th quarter worth $245,000. Two Sigma Securities LLC purchased a new position in BlackRock MuniYield Quality Fund III in the 4th quarter worth $141,000. Stifel Financial Corp lifted its position in BlackRock MuniYield Quality Fund III by 80.1% during the 4th quarter. Stifel Financial Corp now owns 1,122,786 shares of the investment management company's stock worth $12,396,000 after acquiring an additional 499,426 shares during the period. Finally, NewEdge Advisors LLC lifted its position in BlackRock MuniYield Quality Fund III by 4.2% during the 4th quarter. NewEdge Advisors LLC now owns 194,541 shares of the investment management company's stock worth $2,148,000 after acquiring an additional 7,794 shares during the period. 34.01% of the stock is currently owned by institutional investors and hedge funds.
BlackRock MuniYield Quality Fund III Stock Down 0.2%
Shares of MYI stock traded down $0.02 during mid-day trading on Friday, reaching $10.38. The stock had a trading volume of 114,475 shares, compared to its average volume of 228,380. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $9.98 and a 1-year high of $12.07. The business's fifty day moving average is $10.62 and its 200-day moving average is $10.99.
BlackRock MuniYield Quality Fund III Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Investors of record on Thursday, May 15th will be issued a $0.0555 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.67 annualized dividend and a yield of 6.42%.
BlackRock MuniYield Quality Fund III Profile
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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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