BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp grew its holdings in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 4.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 493,421 shares of the investment management company’s stock after purchasing an additional 22,585 shares during the period. Van ECK Associates Corp’s holdings in BlackRock MuniYield Quality Fund III were worth $5,447,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in MYI. Stifel Financial Corp boosted its holdings 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 in the last quarter. Eastern Bank acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 3rd quarter valued at $1,282,000. Hennion & Walsh Asset Management Inc. boosted its position in shares of 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 valued at $11,843,000 after purchasing an additional 104,304 shares during the period. International Assets Investment Management LLC boosted its position in shares of BlackRock MuniYield Quality Fund III by 1,108.2% in the third quarter. International Assets Investment Management LLC now owns 44,872 shares of the investment management company’s stock worth $5,380,000 after buying an additional 41,158 shares during the period. Finally, Mariner Investment Group LLC bought a new stake in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at approximately $451,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Price Performance

MYI stock opened at $11.15 on Wednesday. The firm has a 50 day moving average of $11.10 and a two-hundred day moving average of $11.42. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $10.83 and a 12 month high of $12.07.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be issued a dividend of $0.0555 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.67 annualized dividend and a yield of 5.98%.

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.