Sanctuary Advisors LLC Lowers Position in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Sanctuary Advisors LLC trimmed its holdings in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 9.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 19,528 shares of the financial services provider’s stock after selling 2,000 shares during the period. Sanctuary Advisors LLC’s holdings in BlackRock MuniYield Fund were worth $209,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Tanglewood Legacy Advisors LLC purchased a new stake in BlackRock MuniYield Fund during the 4th quarter valued at about $47,000. Avidian Wealth Enterprises LLC bought a new position in shares of BlackRock MuniYield Fund in the fourth quarter worth approximately $105,000. Simon Quick Advisors LLC purchased a new stake in shares of BlackRock MuniYield Fund during the fourth quarter valued at approximately $110,000. Choreo LLC increased its position in shares of BlackRock MuniYield Fund by 8.5% during the fourth quarter. Choreo LLC now owns 12,738 shares of the financial services provider’s stock valued at $132,000 after acquiring an additional 994 shares in the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of BlackRock MuniYield Fund during the third quarter valued at approximately $138,000. 33.77% of the stock is owned by institutional investors.

BlackRock MuniYield Fund Trading Down 0.0 %

NYSE MYD opened at $10.79 on Thursday. The stock has a 50-day moving average of $10.67 and a 200 day moving average of $11.05. BlackRock MuniYield Fund, Inc. has a one year low of $10.27 and a one year high of $11.74.

BlackRock MuniYield Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0545 per share. The ex-dividend date is Friday, March 14th. This represents a $0.65 dividend on an annualized basis and a yield of 6.06%.

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.