Wells Fargo & Company MN Sells 71,195 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Wells Fargo & Company MN decreased its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYIFree Report) by 10.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 643,263 shares of the investment management company’s stock after selling 71,195 shares during the quarter. Wells Fargo & Company MN owned approximately 0.95% of BlackRock MuniYield Quality Fund III worth $7,488,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. bought a new position in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $134,000. NewEdge Wealth LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $156,000. Atria Wealth Solutions Inc. increased its holdings in shares of BlackRock MuniYield Quality Fund III by 4.8% during the third quarter. Atria Wealth Solutions Inc. now owns 35,629 shares of the investment management company’s stock valued at $342,000 after acquiring an additional 1,625 shares in the last quarter. Pathstone Family Office LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $213,000. Finally, HighTower Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $782,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Performance

Shares of NYSE:MYI opened at $11.07 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $9.32 and a 1-year high of $11.70. The business has a fifty day moving average price of $11.08 and a 200-day moving average price of $11.23.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Investors of record on Friday, June 14th will be given a dividend of $0.0555 per share. The ex-dividend date is Friday, June 14th. This represents a $0.67 annualized dividend and a dividend yield of 6.02%.

BlackRock MuniYield Quality Fund III 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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