Advisory Services Network LLC Has $642,000 Stock Holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI)

Advisory Services Network LLC decreased its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 18.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 58,167 shares of the investment management company’s stock after selling 13,085 shares during the period. Advisory Services Network LLC owned approximately 0.09% of BlackRock MuniYield Quality Fund III worth $642,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the fourth quarter worth $43,000. Envestnet Asset Management Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 35.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,676 shares of the investment management company’s stock valued at $173,000 after purchasing an additional 4,107 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the fourth quarter worth about $185,000. Pathway Financial Advisers LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the fourth quarter worth about $211,000. Finally, Janney Montgomery Scott LLC acquired a new stake in BlackRock MuniYield Quality Fund III in the 4th quarter valued at approximately $266,000. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Down 0.8 %

Shares of MYI opened at $10.45 on Wednesday. The company has a 50 day moving average of $10.96 and a 200-day moving average of $11.21. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $9.98 and a twelve month high of $12.07.

BlackRock MuniYield Quality Fund III Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.0555 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.38%.

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.