Allspring Global Investments Holdings LLC Sells 228,755 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Allspring Global Investments Holdings LLC trimmed its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 58.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 160,338 shares of the investment management company’s stock after selling 228,755 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.24% of BlackRock MuniYield Quality Fund III worth $1,837,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MYI. AdvisorNet Financial Inc grew its holdings in shares of BlackRock MuniYield Quality Fund III by 123.6% during the 4th quarter. AdvisorNet Financial Inc now owns 3,437 shares of the investment management company’s stock worth $40,000 after purchasing an additional 1,900 shares in the last quarter. Drive Wealth Management LLC lifted its position in BlackRock MuniYield Quality Fund III by 9.5% in the fourth quarter. Drive Wealth Management LLC now owns 25,375 shares of the investment management company’s stock worth $295,000 after purchasing an additional 2,200 shares during the period. Anchor Investment Management LLC bought a new position in BlackRock MuniYield Quality Fund III in the fourth quarter worth $38,000. American National Bank bought a new stake in BlackRock MuniYield Quality Fund III in the 1st quarter valued at $53,000. Finally, Camelot Portfolios LLC increased its holdings in BlackRock MuniYield Quality Fund III by 42.4% in the 4th quarter. Camelot Portfolios LLC now owns 17,177 shares of the investment management company’s stock valued at $200,000 after buying an additional 5,117 shares during the period. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Up 0.2 %

NYSE:MYI opened at $11.15 on Wednesday. The company has a 50-day moving average of $11.07 and a 200-day moving average of $11.25. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $9.32 and a 52 week high of $11.70.

BlackRock MuniYield Quality Fund III Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Monday, July 15th will be paid a dividend of $0.0555 per share. This represents a $0.67 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend is Monday, July 15th.

BlackRock MuniYield Quality Fund III Company Profile

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.