Sound View Wealth Advisors Group LLC Decreases Stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Sound View Wealth Advisors Group LLC lessened its holdings in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 14.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,571 shares of the investment management company’s stock after selling 1,975 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $128,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 8.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 1,073,688 shares of the investment management company’s stock worth $11,854,000 after purchasing an additional 86,787 shares during the last quarter. Raymond James Financial Inc. purchased a new position in BlackRock MuniYield Quality Fund III during the fourth quarter worth approximately $9,107,000. Stifel Financial Corp boosted its stake in BlackRock MuniYield Quality Fund III by 40.0% during the third quarter. Stifel Financial Corp now owns 623,360 shares of the investment management company’s stock worth $7,480,000 after buying an additional 177,997 shares during the last quarter. Van ECK Associates Corp grew its holdings in BlackRock MuniYield Quality Fund III by 4.8% in the 4th quarter. Van ECK Associates Corp now owns 493,421 shares of the investment management company’s stock valued at $5,447,000 after buying an additional 22,585 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its holdings in BlackRock MuniYield Quality Fund III by 0.7% in the 4th quarter. Capital Investment Advisors LLC now owns 261,498 shares of the investment management company’s stock valued at $2,887,000 after buying an additional 1,748 shares in the last quarter. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Trading Up 0.0 %

NYSE MYI opened at $11.11 on Tuesday. The business’s fifty day simple moving average is $11.12 and its 200-day simple moving average is $11.39. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $10.83 and a 52 week high of $12.07.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0555 per share. This represents a $0.67 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Friday, March 14th.

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.