BlackRock MuniYield Quality Fund III (NYSE:MYI) Sees Large Volume Increase – Still a Buy?

Posted by Brian Himes on Oct 21st, 2026

Shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Get Free Report) saw unusually-strong trading volume on Wednesday. 655,815 shares traded hands during trading, an increase of 79% from the previous session’s volume of 366,875 shares. The stock last traded at $9.8270 and had previously closed at $9.91.

BlackRock MuniYield Quality Fund III Stock Performance

The firm has a 50 day moving average price of $10.18 and a 200-day moving average price of $10.65.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, December 11th will be given a dividend of $0.0555 per share. This represents a $0.67 annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Friday, December 11th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MYI. Royal Bank of Canada raised its position in BlackRock MuniYield Quality Fund III by 58.8% in the 1st quarter. Royal Bank of Canada now owns 349,623 shares of the investment management company’s stock valued at $3,675,000 after buying an additional 129,414 shares during the last quarter. Focused Wealth Management Inc acquired a new stake in BlackRock MuniYield Quality Fund III during the 2nd quarter worth approximately $1,886,000. Bank of America Corp DE lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 78.6% during the first quarter. Bank of America Corp DE now owns 1,173,240 shares of the investment management company’s stock worth $12,331,000 after buying an additional 516,460 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of BlackRock MuniYield Quality Fund III in the first quarter valued at about $1,021,000. Finally, Indiana Trust & Investment Management Co acquired a new position in shares of BlackRock MuniYield Quality Fund III during the 1st quarter worth approximately $959,000. 34.01% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Company Profile

(Get Free Report)

BlackRock MuniYield Quality Fund III, Inc (NYSE: MYI) is a closed-end investment company that seeks to provide current income that is exempt from regular U.S. federal income tax. The fund primarily invests in municipal obligations issued by states, territories, and local governments, as well as related public authorities.

The fund’s portfolio may include tax-exempt bonds and other municipal securities used to finance public infrastructure and services, such as schools, transportation systems, utilities, and healthcare facilities.