Disciplined Investors L.L.C. Purchases Shares of 34,500 BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Disciplined Investors L.L.C. purchased a new position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,500 shares of the investment management company’s stock, valued at approximately $375,000. Disciplined Investors L.L.C. owned approximately 0.05% of BlackRock MuniYield Quality Fund III as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund III by 8.8% in 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 acquiring an additional 86,787 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniYield Quality Fund III in the fourth quarter worth $9,107,000. Stifel Financial Corp raised its position in shares of BlackRock MuniYield Quality Fund III by 40.0% during the 3rd quarter. Stifel Financial Corp now owns 623,360 shares of the investment management company’s stock valued at $7,480,000 after purchasing an additional 177,997 shares during the period. Van ECK Associates Corp lifted its stake in shares of BlackRock MuniYield Quality Fund III by 4.8% during 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 boosted 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 worth $2,887,000 after buying an additional 1,748 shares during the period. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Trading Down 0.1 %

Shares of MYI stock opened at $10.99 on Thursday. The stock has a fifty day simple moving average of $11.10 and a two-hundred day simple moving average of $11.31. BlackRock MuniYield Quality Fund III, Inc. has a 52-week low of $10.73 and a 52-week high of $12.07.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a $0.0555 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.67 dividend on an annualized basis and a yield of 6.06%.

About BlackRock MuniYield Quality Fund III

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.