Citadel Advisors LLC Acquires Shares of 11,831 BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Citadel Advisors LLC bought a new position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,831 shares of the investment management company’s stock, valued at approximately $131,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV bought a new stake in BlackRock MuniYield Quality Fund III during the fourth quarter worth about $245,000. Two Sigma Securities LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III during the fourth quarter valued at approximately $141,000. Stifel Financial Corp boosted its position in shares of BlackRock MuniYield Quality Fund III by 80.1% in the 4th quarter. Stifel Financial Corp now owns 1,122,786 shares of the investment management company’s stock worth $12,396,000 after purchasing an additional 499,426 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of BlackRock MuniYield Quality Fund III by 4.2% in the 4th quarter. NewEdge Advisors LLC now owns 194,541 shares of the investment management company’s stock worth $2,148,000 after buying an additional 7,794 shares during the last quarter. Finally, Broyhill Asset Management purchased a new stake in shares of BlackRock MuniYield Quality Fund III in the 4th quarter worth approximately $185,000. 34.01% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Stock Down 0.3%

MYI stock opened at $10.37 on Monday. The business has a 50 day moving average of $10.51 and a 200 day moving average of $10.92. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $9.98 and a twelve month high of $12.07.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a $0.0555 dividend. This represents a $0.67 annualized dividend and a dividend yield of 6.42%. The ex-dividend date of this dividend is Friday, June 13th.

BlackRock MuniYield Quality Fund III Company Profile

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.