BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.95 and traded as high as $10.95. BlackRock MuniYield Quality Fund III shares last traded at $10.9450, with a volume of 187,043 shares changing hands.
BlackRock MuniYield Quality Fund III Stock Up 0.2%
The company has a 50 day moving average of $10.81 and a 200 day moving average of $10.95.
Institutional Investors Weigh In On BlackRock MuniYield Quality Fund III
Several large investors have recently made changes to their positions in MYI. Trust Co. of Vermont bought a new stake in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at approximately $25,000. Geneos Wealth Management Inc. bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter worth approximately $42,000. EverSource Wealth Advisors LLC bought a new stake in BlackRock MuniYield Quality Fund III during the first quarter worth approximately $44,000. Elyxium Wealth LLC bought a new stake in BlackRock MuniYield Quality Fund III during the fourth quarter worth approximately $69,000. Finally, Comerica Bank boosted its position in BlackRock MuniYield Quality Fund III by 22,586.2% during the fourth quarter. Comerica Bank now owns 6,579 shares of the investment management company’s stock worth $72,000 after purchasing an additional 6,550 shares during the period. Institutional investors own 34.01% of the company’s stock.
BlackRock MuniYield Quality Fund III Company Profile
BlackRock MuniYield Quality Fund III (NYSE: MYI) is a closed-end management investment company that seeks to provide investors with a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including bonds, notes and other debt obligations issued by state and local governments, agencies and authorities across the United States.
In managing its portfolio, the fund generally allocates at least 80% of its total assets to investment-grade municipal debt instruments.
See Also
- Five stocks we like better than BlackRock MuniYield Quality Fund III
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for BlackRock MuniYield Quality Fund III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniYield Quality Fund III and related companies with MarketBeat.com's FREE daily email newsletter.
