Stifel Financial Corp raised its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI - Free Report) by 40.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 623,360 shares of the investment management company's stock after acquiring an additional 177,997 shares during the quarter. Stifel Financial Corp owned approximately 0.92% of BlackRock MuniYield Quality Fund III worth $7,480,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of MYI. International Assets Investment Management LLC bought a new position in shares of BlackRock MuniYield Quality Fund III in the 2nd quarter worth approximately $42,000. Larson Financial Group LLC raised its position in BlackRock MuniYield Quality Fund III by 238.1% in the third quarter. Larson Financial Group LLC now owns 6,085 shares of the investment management company's stock worth $73,000 after acquiring an additional 4,285 shares during the period. Wolverine Asset Management LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III during the 2nd quarter worth $80,000. Icon Wealth Advisors LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III during the 3rd quarter worth $104,000. Finally, Callan Family Office LLC bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 2nd quarter valued at $154,000. Institutional investors own 34.01% of the company's stock.
Shares of BlackRock MuniYield Quality Fund III stock opened at $11.45 on Friday. The stock's fifty day moving average is $11.50 and its 200 day moving average is $11.45. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $10.83 and a one year high of $12.07.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.0555 dividend. This represents a $0.67 annualized dividend and a dividend yield of 5.82%. The ex-dividend date is Monday, December 16th.
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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