UBS Group AG Sells 78,160 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

UBS Group AG lessened its stake in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYIFree Report) by 8.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 819,046 shares of the investment management company’s stock after selling 78,160 shares during the quarter. UBS Group AG owned about 1.20% of BlackRock MuniYield Quality Fund III worth $9,534,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Anchor Investment Management LLC bought a new position in BlackRock MuniYield Quality Fund III in the fourth quarter worth approximately $38,000. AdvisorNet Financial Inc lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 123.6% in the 4th quarter. AdvisorNet Financial Inc now owns 3,437 shares of the investment management company’s stock worth $40,000 after purchasing an additional 1,900 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in BlackRock MuniYield Quality Fund III in the 4th quarter valued at $116,000. Relyea Zuckerberg Hanson LLC bought a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter valued at $148,000. Finally, Avantax Advisory Services Inc. acquired a new position in BlackRock MuniYield Quality Fund III during the third quarter worth $134,000. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Stock Up 0.9 %

BlackRock MuniYield Quality Fund III stock opened at $10.93 on Monday. The firm’s fifty day moving average price is $11.11 and its two-hundred day moving average price is $11.22. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $9.32 and a 1-year high of $11.70.

BlackRock MuniYield Quality Fund III Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 15th will be given a $0.0555 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $0.67 annualized dividend and a yield of 6.09%.

BlackRock MuniYield Quality Fund III Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniYield Quality Fund III (NYSE:MYI)

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