Nomura Holdings Inc. bought a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 38,300 shares of the investment management company's stock, valued at approximately $423,000. Nomura Holdings Inc. owned about 0.06% of BlackRock MuniYield Quality Fund III as of its most recent SEC filing.
Several other large investors have also bought and sold shares of MYI. Raymond James Financial Inc. bought a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $9,107,000. Stifel Financial Corp raised 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 purchasing an additional 499,426 shares during the last quarter. Scarborough Advisors LLC bought a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $699,000. HighTower Advisors LLC raised 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 purchasing an additional 60,093 shares during the last quarter. Finally, Sit Investment Associates Inc. raised its position in BlackRock MuniYield Quality Fund III by 21.4% during the 4th 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 last quarter. 34.01% of the stock is owned by institutional investors.
BlackRock MuniYield Quality Fund III Stock Up 0.9%
NYSE:MYI traded up $0.09 during trading hours on Tuesday, hitting $10.47. 179,860 shares of the company were exchanged, compared to its average volume of 228,186. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $9.98 and a one year high of $12.07. The company has a fifty day simple moving average of $10.60 and a 200 day simple moving average of $10.98.
BlackRock MuniYield Quality Fund III Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a $0.0555 dividend. This represents a $0.67 annualized dividend and a dividend yield of 6.36%. The ex-dividend date of this dividend is Thursday, May 15th.
BlackRock MuniYield Quality Fund III Company Profile
(
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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