Creative Financial Designs Inc. ADV Acquires New Holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Creative Financial Designs Inc. ADV purchased a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,900 shares of the investment management company’s stock, valued at approximately $43,000.

Other hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth about $266,000. Mariner Investment Group LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth about $451,000. Noble Wealth Management PBC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth about $274,000. Van ECK Associates Corp boosted 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 worth $5,447,000 after purchasing an additional 22,585 shares during the last quarter. Finally, Scarborough Advisors LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 4th quarter worth about $699,000. 34.01% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Price Performance

MYI opened at $11.02 on Friday. The company’s 50 day simple moving average is $11.10 and its 200 day simple moving average is $11.36. BlackRock MuniYield Quality Fund III, Inc. has a 1 year low of $10.73 and a 1 year high of $12.07.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $0.0555 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.67 annualized dividend and a dividend yield of 6.05%.

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.