Noble Wealth Management PBC Acquires New Stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Noble Wealth Management PBC acquired a new stake in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,848 shares of the investment management company’s stock, valued at approximately $274,000.

Other large investors have also made changes to their positions in the company. Larson Financial Group LLC boosted its stake 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 valued at $73,000 after acquiring an additional 4,285 shares during the last quarter. Icon Wealth Advisors LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $104,000. Cresta Advisors Ltd. acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $204,000. Pathway Financial Advisers LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the fourth quarter valued at $211,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the fourth quarter valued at $266,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Up 0.7 %

MYI opened at $11.28 on Friday. The business’s fifty day simple moving average is $11.10 and its 200 day simple moving average is $11.41. BlackRock MuniYield Quality Fund III, Inc. has a 52 week low of $10.83 and a 52 week 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, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.0555 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date is Friday, February 14th.

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.