Wolverine Asset Management LLC Buys 8,489 Shares of BlackRock MuniYield Quality Fund III, Inc. $MYI

Wolverine Asset Management LLC raised its stake in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 233.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,122 shares of the investment management company’s stock after acquiring an additional 8,489 shares during the period. Wolverine Asset Management LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $127,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MYI. Concurrent Investment Advisors LLC lifted its position in BlackRock MuniYield Quality Fund III by 213.2% in the 1st quarter. Concurrent Investment Advisors LLC now owns 33,345 shares of the investment management company’s stock worth $366,000 after buying an additional 22,699 shares during the last quarter. Choreo LLC bought a new stake in BlackRock MuniYield Quality Fund III in the 1st quarter worth approximately $118,000. Cetera Investment Advisers bought a new stake in BlackRock MuniYield Quality Fund III in the 1st quarter worth approximately $172,000. LPL Financial LLC lifted its position in BlackRock MuniYield Quality Fund III by 12.6% in the 1st quarter. LPL Financial LLC now owns 165,559 shares of the investment management company’s stock worth $1,819,000 after buying an additional 18,518 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position 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 valued at $872,000 after purchasing an additional 52,594 shares during the last quarter. Institutional investors own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Trading Down 0.4%

Shares of MYI stock opened at $11.00 on Tuesday. BlackRock MuniYield Quality Fund III, Inc. has a fifty-two week low of $9.98 and a fifty-two week high of $11.63. The stock has a 50 day moving average price of $10.93 and a two-hundred day moving average price of $10.62.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th were given a $0.0555 dividend. The ex-dividend date was Wednesday, October 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, 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.