BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Bought by Cambridge Trust Co.

Cambridge Trust Co. raised its holdings in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 23.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,960 shares of the investment management company’s stock after purchasing an additional 8,735 shares during the period. Cambridge Trust Co. owned 0.07% of BlackRock MuniYield Quality Fund III worth $535,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC purchased a new position in BlackRock MuniYield Quality Fund III during the third quarter worth approximately $35,000. Anchor Investment Management LLC acquired a new position in BlackRock MuniYield Quality Fund III during the fourth quarter valued at approximately $38,000. AdvisorNet Financial Inc raised its stake in shares of BlackRock MuniYield Quality Fund III by 123.6% in the 4th quarter. AdvisorNet Financial Inc now owns 3,437 shares of the investment management company’s stock valued at $40,000 after acquiring an additional 1,900 shares during the period. MML Investors Services LLC purchased a new stake in BlackRock MuniYield Quality Fund III during the 3rd quarter worth $105,000. Finally, Beacon Pointe Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund III in the 2nd quarter valued at $110,000. 34.01% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Trading Down 0.5 %

MYI stock opened at $11.00 on Friday. BlackRock MuniYield Quality Fund III, Inc. has a 1 year low of $9.32 and a 1 year high of $11.70. The stock has a 50-day simple moving average of $11.35 and a 200-day simple moving average of $10.91.

BlackRock MuniYield Quality Fund III Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.0555 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend is Friday, April 12th.

About BlackRock MuniYield Quality Fund III

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.