Pathstone Holdings LLC increased its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 25.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 995,957 shares of the investment management company's stock after buying an additional 201,347 shares during the period. Pathstone Holdings LLC owned about 1.46% of BlackRock MuniYield Quality Fund III worth $11,046,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV purchased a new position in BlackRock MuniYield Quality Fund III in the fourth quarter valued at approximately $43,000. Citadel Advisors LLC purchased a new position in BlackRock MuniYield Quality Fund III in the fourth quarter valued at approximately $131,000. Two Sigma Securities LLC purchased a new position in BlackRock MuniYield Quality Fund III in the fourth quarter valued at approximately $141,000. Envestnet Asset Management Inc. boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 35.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,676 shares of the investment management company's stock valued at $173,000 after acquiring an additional 4,107 shares during the period. Finally, Virtu Financial LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III in the fourth quarter valued at approximately $185,000. 34.01% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund III Price Performance
Shares of NYSE MYI traded down $0.07 during mid-day trading on Monday, hitting $10.52. 241,536 shares of the company were exchanged, compared to its average volume of 227,968. The stock has a 50 day simple moving average of $10.67 and a 200-day simple moving average of $11.02. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $9.98 and a 1-year high of $12.07.
BlackRock MuniYield Quality Fund III Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a $0.0555 dividend. This represents a $0.67 annualized dividend and a yield of 6.33%. The ex-dividend date of this dividend is Thursday, May 15th.
About BlackRock MuniYield Quality Fund III
(
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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