US Bancorp DE Purchases 8,370 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

US Bancorp DE raised its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 49.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,183 shares of the investment management company’s stock after purchasing an additional 8,370 shares during the quarter. US Bancorp DE’s holdings in BlackRock MuniYield Quality Fund III were worth $302,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Hennion & Walsh Asset Management Inc. grew its stake in shares of BlackRock MuniYield Quality Fund III by 11.8% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 986,901 shares of the investment management company’s stock valued at $11,843,000 after purchasing an additional 104,304 shares during the period. Van ECK Associates Corp increased its holdings 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 in the last quarter. Raymond James & Associates increased its holdings in BlackRock MuniYield Quality Fund III by 2.9% in the 3rd quarter. Raymond James & Associates now owns 439,416 shares of the investment management company’s stock worth $5,273,000 after acquiring an additional 12,335 shares in the last quarter. City of London Investment Management Co. Ltd. increased its holdings in BlackRock MuniYield Quality Fund III by 81.2% in the 1st 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 acquiring an additional 162,646 shares in the last quarter. Finally, Melfa Wealth Management Inc. increased its holdings in BlackRock MuniYield Quality Fund III by 1.9% in the 3rd quarter. Melfa Wealth Management Inc. now owns 240,790 shares of the investment management company’s stock worth $2,889,000 after acquiring an additional 4,512 shares in the last quarter. 34.01% of the stock is currently owned by institutional investors.

BlackRock MuniYield Quality Fund III Price Performance

BlackRock MuniYield Quality Fund III stock opened at $11.39 on Thursday. The firm has a 50 day moving average of $11.69 and a 200 day moving average of $11.40. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $10.19 and a 12-month high of $12.07.

BlackRock MuniYield Quality Fund III Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.0555 dividend. This represents a $0.67 annualized dividend and a yield of 5.85%. The ex-dividend date of this dividend is Friday, November 15th.

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.