Allspring Global Investments Holdings LLC Raises Stock Holdings in BlackRock MuniYield Quality Fund III, Inc. $MYI

Allspring Global Investments Holdings LLC lifted its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 298.1% during the first quarter, Holdings Channel reports. The institutional investor owned 537,780 shares of the investment management company’s stock after buying an additional 402,688 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $5,652,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. boosted its stake in BlackRock MuniYield Quality Fund III by 0.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,554,195 shares of the investment management company’s stock valued at $16,894,000 after acquiring an additional 12,912 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of BlackRock MuniYield Quality Fund III by 6.7% in the 4th quarter. Guggenheim Capital LLC now owns 1,435,436 shares of the investment management company’s stock worth $15,603,000 after purchasing an additional 89,854 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of BlackRock MuniYield Quality Fund III by 5.0% in the 3rd quarter. Raymond James Financial Inc. now owns 953,457 shares of the investment management company’s stock worth $10,564,000 after purchasing an additional 45,120 shares in the last quarter. UBS Group AG grew its stake in BlackRock MuniYield Quality Fund III by 3.1% during the 4th quarter. UBS Group AG now owns 637,653 shares of the investment management company’s stock worth $6,931,000 after buying an additional 18,893 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in BlackRock MuniYield Quality Fund III by 25.1% during the 4th quarter. Advisors Asset Management Inc. now owns 512,926 shares of the investment management company’s stock worth $5,576,000 after buying an additional 102,753 shares during the last quarter. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Stock Down 0.9%

Shares of NYSE:MYI opened at $10.74 on Friday. The business’s 50-day moving average is $10.92 and its 200 day moving average is $10.97. BlackRock MuniYield Quality Fund III, Inc. has a 1 year low of $10.22 and a 1 year high of $11.46.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.0555 per share. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.2%.

About BlackRock MuniYield Quality Fund III

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.