Janney Montgomery Scott LLC Sells 2,193 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Janney Montgomery Scott LLC cut its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 9.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,861 shares of the investment management company’s stock after selling 2,193 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $240,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. American National Bank & Trust purchased a new position in shares of BlackRock MuniYield Quality Fund III in the 1st quarter valued at $38,000. Creative Financial Designs Inc. ADV purchased a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at $43,000. Citadel Advisors LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at $131,000. Two Sigma Securities LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at $141,000. Finally, CX Institutional purchased a new position in shares of BlackRock MuniYield Quality Fund III in the 1st quarter valued at $154,000. 34.01% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund III Trading Up 0.2%

Shares of NYSE:MYI opened at $10.63 on Monday. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $9.98 and a 12-month high of $12.07. The business’s fifty day simple moving average is $10.49 and its 200-day simple moving average is $10.79.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 15th will be issued a $0.0555 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.27%.

BlackRock MuniYield Quality Fund III 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.