Centaurus Financial Inc. Has $229,000 Stock Position in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Centaurus Financial Inc. lessened its holdings in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 34.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 21,280 shares of the financial services provider’s stock after selling 11,200 shares during the quarter. Centaurus Financial Inc.’s holdings in BlackRock MuniYield Fund were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mackay Shields LLC acquired a new position in BlackRock MuniYield Fund in the 4th quarter valued at approximately $199,000. Robinson Capital Management LLC grew its holdings in BlackRock MuniYield Fund by 107.1% in the fourth quarter. Robinson Capital Management LLC now owns 458,441 shares of the financial services provider’s stock worth $4,947,000 after purchasing an additional 237,121 shares during the period. Congress Park Capital LLC grew its holdings in BlackRock MuniYield Fund by 50.0% in the fourth quarter. Congress Park Capital LLC now owns 450,000 shares of the financial services provider’s stock worth $4,851,000 after purchasing an additional 150,000 shares during the period. Axxcess Wealth Management LLC acquired a new stake in BlackRock MuniYield Fund in the third quarter worth $92,000. Finally, Raymond James & Associates lifted its stake in shares of BlackRock MuniYield Fund by 41.2% in the fourth quarter. Raymond James & Associates now owns 62,726 shares of the financial services provider’s stock valued at $676,000 after buying an additional 18,288 shares in the last quarter. Institutional investors and hedge funds own 33.77% of the company’s stock.

BlackRock MuniYield Fund Stock Up 0.2 %

BlackRock MuniYield Fund stock opened at $10.83 on Wednesday. BlackRock MuniYield Fund, Inc. has a 1-year low of $8.76 and a 1-year high of $11.30. The firm’s fifty day moving average price is $10.71 and its two-hundred day moving average price is $10.79.

BlackRock MuniYield Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be given a $0.0525 dividend. This represents a $0.63 annualized dividend and a yield of 5.82%. The ex-dividend date is Friday, June 14th.

BlackRock MuniYield Fund Profile

BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.