Van ECK Associates Corp Boosts Holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Van ECK Associates Corp lifted its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 493,421 shares of the investment management company’s stock after purchasing an additional 22,585 shares during the period. Van ECK Associates Corp owned approximately 0.72% of BlackRock MuniYield Quality Fund III worth $5,447,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MYI. Larson Financial Group LLC lifted its stake in BlackRock MuniYield Quality Fund III by 238.1% in the 3rd quarter. Larson Financial Group LLC now owns 6,085 shares of the investment management company’s stock valued at $73,000 after buying an additional 4,285 shares in the last quarter. Icon Wealth Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund III in the 3rd quarter worth approximately $104,000. Cresta Advisors Ltd. purchased a new position in shares of BlackRock MuniYield Quality Fund III in the 3rd quarter worth $204,000. Janney Montgomery Scott LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the 4th quarter valued at $266,000. Finally, US Bancorp DE boosted its position in BlackRock MuniYield Quality Fund III by 49.8% during the 3rd quarter. US Bancorp DE now owns 25,183 shares of the investment management company’s stock worth $302,000 after purchasing an additional 8,370 shares during the period. Hedge funds and other institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Trading Down 0.1 %

Shares of NYSE MYI opened at $11.15 on Wednesday. The stock has a fifty day moving average price of $11.10 and a 200 day moving average price of $11.42. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $10.83 and a 12-month high of $12.07.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 14th will be paid a $0.0555 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.98%.

About BlackRock MuniYield Quality Fund III

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.