Avior Wealth Management LLC Decreases Stock Position in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Avior Wealth Management LLC lessened its stake in BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 25.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,102 shares of the financial services provider’s stock after selling 3,372 shares during the quarter. Avior Wealth Management LLC’s holdings in BlackRock MuniYield Fund were worth $105,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Advisor Group LLC purchased a new position in BlackRock MuniYield Fund in the 3rd quarter worth approximately $138,000. Sanctuary Advisors LLC boosted its stake in shares of BlackRock MuniYield Fund by 10.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 21,528 shares of the financial services provider’s stock valued at $240,000 after buying an additional 2,000 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of BlackRock MuniYield Fund during the third quarter worth approximately $605,000. Congress Park Capital LLC grew its position in shares of BlackRock MuniYield Fund by 8.8% during the third quarter. Congress Park Capital LLC now owns 790,000 shares of the financial services provider’s stock worth $9,030,000 after buying an additional 64,000 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of BlackRock MuniYield Fund during the third quarter worth approximately $230,000. Hedge funds and other institutional investors own 33.77% of the company’s stock.

BlackRock MuniYield Fund Price Performance

MYD stock opened at $10.65 on Wednesday. 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 simple moving average of $10.82 and a 200-day simple moving average of $11.09.

BlackRock MuniYield Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a dividend of $0.0545 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.14%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniYield Fund 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.