26,800 Shares in BlackRock MuniYield Fund, Inc. (NYSE:MYD) Purchased by RFG Advisory LLC

RFG Advisory LLC acquired a new stake in BlackRock MuniYield Fund, Inc. (NYSE:MYDFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 26,800 shares of the financial services provider’s stock, valued at approximately $278,000. RFG Advisory LLC owned approximately 0.06% of BlackRock MuniYield Fund at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Private Advisor Group LLC acquired a new position in BlackRock MuniYield Fund during the third quarter worth about $138,000. Sanctuary Advisors LLC raised its holdings in BlackRock MuniYield Fund by 10.2% during the third quarter. Sanctuary Advisors LLC now owns 21,528 shares of the financial services provider’s stock worth $240,000 after purchasing an additional 2,000 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in BlackRock MuniYield Fund in the third quarter valued at $605,000. Congress Park Capital LLC raised its stake in shares of BlackRock MuniYield Fund by 8.8% during the 3rd quarter. Congress Park Capital LLC now owns 790,000 shares of the financial services provider’s stock worth $9,030,000 after buying an additional 64,000 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of BlackRock MuniYield Fund in the 3rd quarter worth about $230,000. 33.77% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Fund Stock Performance

NYSE:MYD opened at $10.65 on Wednesday. The firm has a 50-day moving average price of $10.82 and a two-hundred day moving average price of $11.09. BlackRock MuniYield Fund, Inc. has a twelve month low of $10.27 and a twelve month high of $11.74.

BlackRock MuniYield Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.0545 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.65 annualized dividend and a dividend yield of 6.14%.

About BlackRock MuniYield Fund

(Free Report)

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.

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Institutional Ownership by Quarter for BlackRock MuniYield Fund (NYSE:MYD)

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