Alliancebernstein L.P. Has $207,000 Position in BR-MUNIYLD INV (MYF)
Alliancebernstein L.P. continued to hold its stake in BR-MUNIYLD INV (NYSE:MYF) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,189 shares of the financial services provider’s stock at the close of the 2nd quarter. Alliancebernstein L.P. owned approximately 0.10% of BR-MUNIYLD INV worth $207,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. grew its stake in shares of BR-MUNIYLD INV by 9.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 34,600 shares of the financial services provider’s stock valued at $542,000 after buying an additional 3,000 shares in the last quarter. Greytown Advisors Inc. grew its stake in shares of BR-MUNIYLD INV by 11.5% in the second quarter. Greytown Advisors Inc. now owns 47,542 shares of the financial services provider’s stock valued at $747,000 after buying an additional 4,901 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of BR-MUNIYLD INV by 106.7% in the second quarter. Wells Fargo & Company MN now owns 76,404 shares of the financial services provider’s stock valued at $1,197,000 after buying an additional 39,432 shares in the last quarter. 8.51% of the stock is owned by institutional investors and hedge funds.
Shares of BR-MUNIYLD INV (MYF) opened at $15.50 on Tuesday. BR-MUNIYLD INV has a one year low of $14.32 and a one year high of $17.88.
The company also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be paid a $0.078 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.04%.
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BR-MUNIYLD INV Profile
BlackRock MuniYield Investment Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management.
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