BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Sold by US Bancorp DE

US Bancorp DE cut its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 7.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,538 shares of the investment management company’s stock after selling 1,775 shares during the period. US Bancorp DE’s holdings in BlackRock MuniYield Quality Fund III were worth $248,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MYI. Stifel Financial Corp raised its holdings in BlackRock MuniYield Quality Fund III by 80.1% in the fourth quarter. Stifel Financial Corp now owns 1,122,786 shares of the investment management company’s stock valued at $12,396,000 after acquiring an additional 499,426 shares in the last quarter. Pathstone Holdings LLC raised its holdings in shares of BlackRock MuniYield Quality Fund III by 25.3% during the fourth quarter. Pathstone Holdings LLC now owns 995,957 shares of the investment management company’s stock worth $11,046,000 after purchasing an additional 201,347 shares during the period. Bard Financial Services Inc. raised its holdings in shares of BlackRock MuniYield Quality Fund III by 283.3% during the first quarter. Bard Financial Services Inc. now owns 57,500 shares of the investment management company’s stock worth $632,000 after purchasing an additional 42,500 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the fourth quarter worth $423,000. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of BlackRock MuniYield Quality Fund III by 213.2% during the first quarter. Concurrent Investment Advisors LLC now owns 33,345 shares of the investment management company’s stock worth $366,000 after purchasing an additional 22,699 shares during the period. 34.01% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Price Performance

Shares of NYSE:MYI opened at $10.53 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $9.98 and a 1-year high of $12.07. The company’s fifty day moving average is $10.43 and its two-hundred day moving average is $10.67.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be issued a dividend of $0.0555 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, August 15th.

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.