Concurrent Investment Advisors LLC Raises Stock Holdings in BlackRock MuniYield Quality Fund III, Inc. $MYI

Concurrent Investment Advisors LLC raised its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,030 shares of the investment management company’s stock after buying an additional 2,685 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $378,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC raised its stake in shares of BlackRock MuniYield Quality Fund III by 10.3% in the 1st quarter. Avior Wealth Management LLC now owns 19,701 shares of the investment management company’s stock valued at $217,000 after acquiring an additional 1,845 shares during the period. Choreo LLC purchased a new stake in BlackRock MuniYield Quality Fund III in the first quarter valued at approximately $118,000. Cetera Investment Advisers acquired a new position in BlackRock MuniYield Quality Fund III during the first quarter worth $172,000. LPL Financial LLC boosted its position in shares of BlackRock MuniYield Quality Fund III by 12.6% during the first quarter. LPL Financial LLC now owns 165,559 shares of the investment management company’s stock worth $1,819,000 after buying an additional 18,518 shares during the period. Finally, PNC Financial Services Group Inc. boosted its position in shares of BlackRock MuniYield Quality Fund III by 196.7% during the first quarter. PNC Financial Services Group Inc. now owns 79,326 shares of the investment management company’s stock worth $872,000 after buying an additional 52,594 shares during the period. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Trading Down 0.6%

MYI stock opened at $11.00 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $9.98 and a 12-month high of $11.91. The business’s fifty day moving average price is $10.81 and its 200 day moving average price is $10.58.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.0555 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

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.