BlackRock MuniYield Fund, Inc. (NYSE:MYD) Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC increased its stake in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 30.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,953 shares of the financial services provider’s stock after acquiring an additional 3,723 shares during the period. Corient Private Wealth LLC’s holdings in BlackRock MuniYield Fund were worth $166,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Tanglewood Legacy Advisors LLC purchased a new stake in BlackRock MuniYield Fund in the 4th quarter worth approximately $47,000. Avidian Wealth Enterprises LLC acquired a new position in shares of BlackRock MuniYield Fund in the 4th quarter valued at $105,000. Simon Quick Advisors LLC acquired a new position in shares of BlackRock MuniYield Fund in the 4th quarter valued at $110,000. Independent Advisor Alliance purchased a new stake in BlackRock MuniYield Fund during the fourth quarter worth $120,000. Finally, Wolverine Asset Management LLC grew its position in BlackRock MuniYield Fund by 740.0% during the fourth quarter. Wolverine Asset Management LLC now owns 11,760 shares of the financial services provider’s stock valued at $122,000 after buying an additional 10,360 shares during the period. 33.77% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Fund Stock Up 0.8 %

MYD opened at $10.63 on Wednesday. The company has a fifty day moving average of $10.69 and a two-hundred day moving average of $10.95. BlackRock MuniYield Fund, Inc. has a fifty-two week low of $10.27 and a fifty-two week high of $11.74.

BlackRock MuniYield Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were paid a $0.0545 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.65 annualized dividend and a dividend yield of 6.15%.

About BlackRock MuniYield Fund

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.