Invesco Ltd. Raises Holdings in BlackRock MuniYield Quality Fund III, Inc. $MYI

Invesco Ltd. boosted its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 2.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 187,709 shares of the investment management company’s stock after purchasing an additional 3,659 shares during the period. Invesco Ltd. owned approximately 0.28% of BlackRock MuniYield Quality Fund III worth $2,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MYI. Envestnet Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund III by 35.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 15,676 shares of the investment management company’s stock valued at $173,000 after buying an additional 4,107 shares during the period. Mercer Global Advisors Inc. ADV purchased a new stake in BlackRock MuniYield Quality Fund III in the fourth quarter valued at $245,000. Citadel Advisors LLC purchased a new stake in BlackRock MuniYield Quality Fund III in the fourth quarter valued at $131,000. Nomura Holdings Inc. acquired a new position in shares of BlackRock MuniYield Quality Fund III in the fourth quarter worth about $423,000. Finally, Pathstone Holdings LLC raised its position in shares of BlackRock MuniYield Quality Fund III by 25.3% in the fourth quarter. Pathstone Holdings LLC now owns 995,957 shares of the investment management company’s stock worth $11,046,000 after acquiring an additional 201,347 shares during the period. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Performance

MYI opened at $10.59 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $9.98 and a twelve month high of $12.07. The company has a 50-day moving average price of $10.44 and a 200 day moving average price of $10.61.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 15th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a dividend yield of 6.3%.

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.