Chung Wu Investment Group LLC Takes $63,000 Position in BlackRock MuniYield Quality Fund III, Inc. $MYI

Chung Wu Investment Group LLC bought a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) in the second quarter, HoldingsChannel reports. The firm bought 6,000 shares of the investment management company’s stock, valued at approximately $63,000.

Several other large investors also recently modified their holdings of MYI. Raymond James Financial Inc. raised its position in BlackRock MuniYield Quality Fund III by 19.6% during the 1st quarter. Raymond James Financial Inc. now owns 986,932 shares of the investment management company’s stock valued at $10,846,000 after purchasing an additional 162,048 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of BlackRock MuniYield Quality Fund III by 4.5% during the first quarter. NewEdge Advisors LLC now owns 203,226 shares of the investment management company’s stock valued at $2,233,000 after buying an additional 8,685 shares during the period. Invesco Ltd. increased its stake in shares of BlackRock MuniYield Quality Fund III by 2.0% during the first quarter. Invesco Ltd. now owns 187,709 shares of the investment management company’s stock valued at $2,063,000 after buying an additional 3,659 shares during the period. LPL Financial LLC raised its holdings in shares of BlackRock MuniYield Quality Fund III by 12.6% during the first quarter. LPL Financial LLC now owns 165,559 shares of the investment management company’s stock valued at $1,819,000 after acquiring an additional 18,518 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in BlackRock MuniYield Quality Fund III by 196.7% in the first quarter. PNC Financial Services Group Inc. now owns 79,326 shares of the investment management company’s stock worth $872,000 after acquiring an additional 52,594 shares during the period. 34.01% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund III Price Performance

Shares of BlackRock MuniYield Quality Fund III stock opened at $10.97 on Monday. BlackRock MuniYield Quality Fund III, Inc. has a 12-month low of $9.98 and a 12-month high of $11.96. The company’s fifty day simple moving average is $10.68 and its two-hundred day simple moving average is $10.57.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, October 15th will be paid a $0.0555 dividend. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, October 15th.

BlackRock MuniYield Quality Fund III Company Profile

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.