BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 9.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,604 shares of the investment management company’s stock after selling 11,000 shares during the period. Allspring Global Investments Holdings LLC owned 0.15% of BlackRock MuniYield Quality Fund III worth $1,243,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp raised its stake in BlackRock MuniYield Quality Fund III by 17.9% in the 2nd quarter. Van ECK Associates Corp now owns 492,047 shares of the investment management company’s stock worth $5,501,000 after acquiring an additional 74,557 shares during the last quarter. Raymond James & Associates increased its holdings in shares of BlackRock MuniYield Quality Fund III by 2.9% in the third quarter. Raymond James & Associates now owns 439,416 shares of the investment management company’s stock valued at $5,273,000 after purchasing an additional 12,335 shares during the period. City of London Investment Management Co. Ltd. raised its stake in shares of BlackRock MuniYield Quality Fund III by 81.2% in the first quarter. City of London Investment Management Co. Ltd. now owns 362,844 shares of the investment management company’s stock worth $4,158,000 after purchasing an additional 162,646 shares during the last quarter. Melfa Wealth Management Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 1.9% during the third quarter. Melfa Wealth Management Inc. now owns 240,790 shares of the investment management company’s stock worth $2,889,000 after purchasing an additional 4,512 shares during the period. Finally, NewEdge Advisors LLC boosted its position in BlackRock MuniYield Quality Fund III by 9.4% in the second quarter. NewEdge Advisors LLC now owns 156,072 shares of the investment management company’s stock valued at $1,745,000 after buying an additional 13,357 shares during the last quarter. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Price Performance

MYI opened at $11.25 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $9.54 and a 12-month high of $12.07. The firm has a 50 day moving average of $11.73 and a two-hundred day moving average of $11.38.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.0555 dividend. The ex-dividend date is Tuesday, October 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.92%.

BlackRock MuniYield Quality Fund III 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.