Hennion & Walsh Asset Management Inc. Has $11.85 Million Stock Holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Hennion & Walsh Asset Management Inc. increased its position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,073,688 shares of the investment management company’s stock after buying an additional 86,787 shares during the quarter. Hennion & Walsh Asset Management Inc. owned about 1.58% of BlackRock MuniYield Quality Fund III worth $11,854,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Larson Financial Group LLC increased its position in shares of BlackRock MuniYield Quality Fund III by 238.1% during 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 in the last quarter. Icon Wealth Advisors LLC bought a new position in BlackRock MuniYield Quality Fund III in the 3rd quarter valued at $104,000. Cresta Advisors Ltd. purchased a new stake in shares of BlackRock MuniYield Quality Fund III during the 3rd quarter valued at $204,000. US Bancorp DE raised its stake in shares of BlackRock MuniYield Quality Fund III by 49.8% during the 3rd quarter. US Bancorp DE now owns 25,183 shares of the investment management company’s stock worth $302,000 after purchasing an additional 8,370 shares during the period. Finally, First Western Trust Bank bought a new stake in shares of BlackRock MuniYield Quality Fund III during the 3rd quarter worth $471,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Up 0.7 %

Shares of MYI stock opened at $11.01 on Thursday. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $10.83 and a 52 week high of $12.07. The firm’s 50-day simple moving average is $11.25 and its two-hundred day simple moving average is $11.45.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.0555 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.05%.

BlackRock MuniYield Quality Fund III 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.