BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Get Free Report) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Monday, April 15th will be given a dividend of 0.0555 per share by the investment management company on Wednesday, May 1st. This represents a $0.67 annualized dividend and a yield of 5.93%. The ex-dividend date is Friday, April 12th.
BlackRock MuniYield Quality Fund III Stock Down 0.7 %
Shares of MYI traded down $0.08 during trading hours on Wednesday, hitting $11.23. The company had a trading volume of 241,739 shares, compared to its average volume of 244,835. BlackRock MuniYield Quality Fund III has a 52-week low of $9.32 and a 52-week high of $11.70. The stock's 50 day moving average price is $11.39 and its 200 day moving average price is $10.82.
Hedge Funds Weigh In On BlackRock MuniYield Quality Fund III
Large investors have recently bought and sold shares of the stock. MML Investors Services LLC bought a new stake in BlackRock MuniYield Quality Fund III in the 3rd quarter worth $105,000. Beacon Pointe Advisors LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III during the second quarter valued at approximately $110,000. Nomura Holdings Inc. bought a new position in shares of BlackRock MuniYield Quality Fund III during the first quarter valued at approximately $113,000. Centaurus Financial Inc. purchased a new stake in BlackRock MuniYield Quality Fund III in the first quarter worth $116,000. Finally, Walleye Capital LLC bought a new stake in BlackRock MuniYield Quality Fund III in the second quarter valued at $121,000. 34.01% of the stock is owned by hedge funds and other institutional investors.
About BlackRock MuniYield Quality Fund III
(
Get 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.
Read More
Before you consider BlackRock MuniYield Quality Fund III, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackRock MuniYield Quality Fund III wasn't on the list.
While BlackRock MuniYield Quality Fund III currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
