BlackRock MuniYield Quality Fund III (NYSE:MYI) Sees Large Volume Increase – What’s Next?

Posted by Francis Steltz on Sep 24th, 2026

BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 583,750 shares changed hands during mid-day trading, an increase of 107% from the previous session’s volume of 281,435 shares.The stock last traded at $9.6950 and had previously closed at $9.81.

BlackRock MuniYield Quality Fund III Price Performance

The company has a 50-day moving average price of $10.61 and a 200-day moving average price of $10.79.

BlackRock MuniYield Quality Fund III Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a c) annualized dividend and a yield of 6.8%.

Institutional Investors Weigh In On BlackRock MuniYield Quality Fund III

Several hedge funds have recently modified their holdings of the company. Rivernorth Capital Management LLC lifted its stake in shares of BlackRock MuniYield Quality Fund III by 200.0% during the first quarter. Rivernorth Capital Management LLC now owns 5,254,333 shares of the investment management company’s stock valued at $55,223,000 after buying an additional 3,502,884 shares during the period. Bank of America Corp DE purchased a new stake in BlackRock MuniYield Quality Fund III in the 2nd quarter worth approximately $16,031,000. Van ECK Associates Corp raised its holdings in BlackRock MuniYield Quality Fund III by 2.6% in the 2nd quarter. Van ECK Associates Corp now owns 973,208 shares of the investment management company’s stock valued at $10,812,000 after acquiring an additional 24,636 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in BlackRock MuniYield Quality Fund III by 298.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 537,780 shares of the investment management company’s stock valued at $5,652,000 after acquiring an additional 402,688 shares during the last quarter. Finally, Rareview Capital LLC lifted its stake in shares of BlackRock MuniYield Quality Fund III by 22.1% during the 1st quarter. Rareview Capital LLC now owns 461,043 shares of the investment management company’s stock worth $4,836,000 after purchasing an additional 83,565 shares during the period. 34.01% of the stock is owned by institutional investors and hedge funds.

About BlackRock MuniYield Quality Fund III

(Get Free Report)

BlackRock MuniYield Quality Fund III, Inc (NYSE: MYI) is a closed-end investment company that seeks to provide current income exempt from regular U.S. federal income tax. The fund invests primarily in a portfolio of municipal bonds and other municipal obligations issued by states, cities, counties, and related public entities.

The fund generally focuses on investment-grade municipal securities, although it may also invest in lower-rated obligations when permitted by its investment policies.