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

Van ECK Associates Corp grew its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 17.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 492,047 shares of the investment management company’s stock after purchasing an additional 74,557 shares during the period. Van ECK Associates Corp owned approximately 0.72% of BlackRock MuniYield Quality Fund III worth $5,501,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Stifel Financial Corp grew its position in BlackRock MuniYield Quality Fund III by 245.8% in the 4th quarter. Stifel Financial Corp now owns 428,494 shares of the investment management company’s stock valued at $4,988,000 after buying an additional 304,587 shares during the last quarter. Robinson Capital Management LLC boosted its holdings in shares of BlackRock MuniYield Quality Fund III by 90.6% in the fourth quarter. Robinson Capital Management LLC now owns 411,393 shares of the investment management company’s stock valued at $4,795,000 after acquiring an additional 195,566 shares in the last quarter. City of London Investment Management Co. Ltd. increased its stake in shares of BlackRock MuniYield Quality Fund III by 81.2% during the first quarter. City of London Investment Management Co. Ltd. now owns 362,844 shares of the investment management company’s stock worth $4,158,000 after acquiring an additional 162,646 shares during the period. Raymond James & Associates raised its holdings in BlackRock MuniYield Quality Fund III by 35.3% during the first quarter. Raymond James & Associates now owns 393,232 shares of the investment management company’s stock worth $4,506,000 after purchasing an additional 102,598 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. purchased a new position in BlackRock MuniYield Quality Fund III during the first quarter worth about $1,151,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Up 0.4 %

Shares of MYI opened at $11.63 on Wednesday. The stock’s 50 day moving average is $11.39 and its two-hundred day moving average is $11.27. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $9.32 and a twelve month high of $11.71.

BlackRock MuniYield Quality Fund III Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th were paid a $0.0555 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.73%.

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.