Landscape Capital Management L.L.C. bought a new position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 39,404 shares of the investment management company's stock, valued at approximately $435,000. Landscape Capital Management L.L.C. owned 0.06% of BlackRock MuniYield Quality Fund III at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV bought a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter worth approximately $43,000. Virtu Financial LLC bought a new position in BlackRock MuniYield Quality Fund III in the fourth quarter worth approximately $185,000. Cresta Advisors Ltd. purchased a new position in shares of BlackRock MuniYield Quality Fund III during the 3rd quarter worth $204,000. Pathway Financial Advisers LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth $211,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of BlackRock MuniYield Quality Fund III in the 4th quarter worth $266,000. 34.01% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund III Price Performance
BlackRock MuniYield Quality Fund III stock traded up $0.02 during trading on Friday, reaching $10.33. The company had a trading volume of 308,674 shares, compared to its average volume of 230,619. The firm's 50-day simple moving average is $10.99 and its 200 day simple moving average is $11.22. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $9.98 and a 52 week high of $12.07.
BlackRock MuniYield Quality Fund III Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a dividend of $0.0555 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.45%.
BlackRock MuniYield Quality Fund III Company 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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