Pathstone Holdings LLC Buys 201,347 Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Pathstone Holdings LLC boosted its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 25.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 995,957 shares of the investment management company’s stock after acquiring an additional 201,347 shares during the quarter. Pathstone Holdings LLC owned 1.46% of BlackRock MuniYield Quality Fund III worth $11,046,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV bought a new stake in BlackRock MuniYield Quality Fund III in the 4th quarter valued at $43,000. Citadel Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter worth about $131,000. Two Sigma Securities LLC bought a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter worth about $141,000. Envestnet Asset Management Inc. lifted its position in BlackRock MuniYield Quality Fund III by 35.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,676 shares of the investment management company’s stock worth $173,000 after buying an additional 4,107 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter worth about $185,000. 34.01% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund III Price Performance

Shares of NYSE:MYI opened at $10.60 on Friday. The company’s 50-day moving average price is $10.67 and its two-hundred day moving average price is $11.02. BlackRock MuniYield Quality Fund III, Inc. has a one year low of $9.98 and a one year high of $12.07.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a dividend of $0.0555 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.67 annualized dividend and a yield of 6.28%.

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.