Fiera Capital Corp Acquires Shares of 427,965 BlackRock MuniYield Quality Fund III, Inc. $MYI

Fiera Capital Corp purchased a new position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 427,965 shares of the investment management company’s stock, valued at approximately $4,652,000. Fiera Capital Corp owned 0.64% of BlackRock MuniYield Quality Fund III as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Hennion & Walsh Asset Management Inc. increased its position in shares of BlackRock MuniYield Quality Fund III by 0.8% in the 4th 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 during the period. Raymond James Financial Inc. boosted its stake in BlackRock MuniYield Quality Fund III by 5.0% during 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 during the last quarter. UBS Group AG boosted its stake in BlackRock MuniYield Quality Fund III by 3.1% during the fourth 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. Van ECK Associates Corp raised its position in shares of BlackRock MuniYield Quality Fund III by 5.7% during the 3rd quarter. Van ECK Associates Corp now owns 437,443 shares of the investment management company’s stock valued at $4,847,000 after buying an additional 23,690 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in shares of BlackRock MuniYield Quality Fund III by 5.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 410,173 shares of the investment management company’s stock valued at $4,545,000 after acquiring an additional 20,152 shares during the period. 34.01% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Stock Up 1.5%

BlackRock MuniYield Quality Fund III stock opened at $10.94 on Wednesday. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $10.20 and a twelve month high of $11.46. The stock’s fifty day simple moving average is $10.86 and its 200-day simple moving average is $10.94.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm 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 is Tuesday, September 15th. This represents a c) annualized dividend 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.