BlackRock MuniYield Fund, Inc. (NYSE:MYD) Stock Position Boosted by Choreo LLC

Choreo LLC grew its stake in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,738 shares of the financial services provider’s stock after buying an additional 994 shares during the quarter. Choreo LLC’s holdings in BlackRock MuniYield Fund were worth $132,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MYD. Sanctuary Advisors LLC acquired a new stake in BlackRock MuniYield Fund in the second quarter worth approximately $206,000. Private Advisor Group LLC bought a new stake in shares of BlackRock MuniYield Fund in the 3rd quarter worth $138,000. J.W. Cole Advisors Inc. bought a new stake in shares of BlackRock MuniYield Fund in the 3rd quarter worth $605,000. Intellectus Partners LLC lifted its holdings in shares of BlackRock MuniYield Fund by 10.1% in the third quarter. Intellectus Partners LLC now owns 76,000 shares of the financial services provider’s stock valued at $872,000 after buying an additional 7,000 shares during the period. Finally, Virtu Financial LLC acquired a new position in BlackRock MuniYield Fund during the third quarter worth about $230,000. 33.77% of the stock is currently owned by institutional investors.

BlackRock MuniYield Fund Price Performance

Shares of NYSE MYD opened at $10.79 on Friday. BlackRock MuniYield Fund, Inc. has a twelve month low of $10.27 and a twelve month high of $11.74. The firm has a 50-day moving average of $10.68 and a two-hundred day moving average of $11.08.

BlackRock MuniYield Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.0545 per share. This represents a $0.65 dividend on an annualized basis and a yield of 6.06%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniYield Fund Company Profile

BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.