Chicago Partners Investment Group LLC Buys Shares of 68,016 BlackRock MuniYield Quality Fund III, Inc. $MYI

Chicago Partners Investment Group LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 68,016 shares of the investment management company’s stock, valued at approximately $746,000. Chicago Partners Investment Group LLC owned 0.06% of BlackRock MuniYield Quality Fund III at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Trust Co. of Vermont purchased a new position in BlackRock MuniYield Quality Fund III during the 4th quarter worth $25,000. Geneos Wealth Management Inc. raised its stake in shares of BlackRock MuniYield Quality Fund III by 803.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock valued at $56,000 after acquiring an additional 4,494 shares during the period. Elyxium Wealth LLC acquired a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter valued at $69,000. Comerica Bank boosted its holdings in BlackRock MuniYield Quality Fund III by 22,586.2% in the fourth quarter. Comerica Bank now owns 6,579 shares of the investment management company’s stock valued at $72,000 after purchasing an additional 6,550 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of BlackRock MuniYield Quality Fund III in the 1st quarter worth about $86,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Price Performance

Shares of MYI opened at $10.93 on Friday. The firm has a fifty day moving average of $10.93 and a 200-day moving average of $10.97. BlackRock MuniYield Quality Fund III, Inc. has a 1 year low of $10.20 and a 1 year high of $11.46.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.0555 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

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.