BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Sold by Advisors Asset Management Inc.

by · The Cerbat Gem

Advisors Asset Management Inc. trimmed its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Free Report) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 510,076 shares of the investment management company’s stock after selling 9,359 shares during the period. Advisors Asset Management Inc. owned about 0.75% of BlackRock MuniYield Quality Fund III worth $6,121,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. lifted its stake in BlackRock MuniYield Quality Fund III by 11.8% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 986,901 shares of the investment management company’s stock worth $11,843,000 after purchasing an additional 104,304 shares in the last quarter. Van ECK Associates Corp raised its position in shares of BlackRock MuniYield Quality Fund III by 17.9% during the 2nd quarter. Van ECK Associates Corp now owns 492,047 shares of the investment management company’s stock valued at $5,501,000 after buying an additional 74,557 shares during the period. Raymond James & Associates raised its position in shares of BlackRock MuniYield Quality Fund III by 2.9% during the 3rd quarter. Raymond James & Associates now owns 439,416 shares of the investment management company’s stock valued at $5,273,000 after buying an additional 12,335 shares during the period. Melfa Wealth Management Inc. raised its position in shares of BlackRock MuniYield Quality Fund III by 1.9% during the 3rd quarter. Melfa Wealth Management Inc. now owns 240,790 shares of the investment management company’s stock valued at $2,889,000 after buying an additional 4,512 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of BlackRock MuniYield Quality Fund III by 9.4% during the 2nd quarter. NewEdge Advisors LLC now owns 156,072 shares of the investment management company’s stock valued at $1,745,000 after buying an additional 13,357 shares during the period. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Stock Down 0.3 %

MYI stock opened at $11.30 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $10.68 and a one year high of $12.07. The firm’s 50 day moving average price is $11.64 and its 200-day moving average price is $11.42.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a $0.0555 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 5.89%. The ex-dividend date is Friday, November 15th.

BlackRock MuniYield Quality Fund III 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.

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