BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Stake Lowered by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC cut its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYIFree Report) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,029 shares of the investment management company’s stock after selling 2,078 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.05% of BlackRock MuniYield Quality Fund III worth $408,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC acquired a new position in BlackRock MuniYield Quality Fund III in the 4th quarter worth about $38,000. AdvisorNet Financial Inc grew its stake 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 valued at $40,000 after buying an additional 1,900 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new position in BlackRock MuniYield Quality Fund III in the fourth quarter worth approximately $116,000. Relyea Zuckerberg Hanson LLC bought a new position in BlackRock MuniYield Quality Fund III during the fourth quarter valued at approximately $148,000. Finally, Avantax Advisory Services Inc. acquired a new stake in BlackRock MuniYield Quality Fund III in the third quarter valued at approximately $134,000. 34.01% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Price Performance

MYI stock opened at $11.06 on Friday. The firm has a 50 day moving average of $11.08 and a two-hundred day moving average of $11.23. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $9.32 and a 12 month high of $11.70.

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 issued a $0.0555 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend is Friday, June 14th.

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.

Featured Articles

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

Receive News & Ratings for BlackRock MuniYield Quality Fund III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniYield Quality Fund III and related companies with MarketBeat.com's FREE daily email newsletter.