427,965 Shares in BlackRock MuniYield Quality Fund III, Inc. $MYI Acquired by Fiera Capital Corp

Fiera Capital Corp purchased a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 427,965 shares of the investment management company’s stock, valued at approximately $4,652,000.

A number of other hedge funds have also recently bought and sold shares of MYI. Trust Co. of Vermont acquired a new stake in shares of BlackRock MuniYield Quality Fund III in the fourth quarter worth approximately $25,000. Geneos Wealth Management Inc. grew its holdings in shares of BlackRock MuniYield Quality Fund III by 803.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock worth $56,000 after purchasing an additional 4,494 shares during the period. Elyxium Wealth LLC acquired a new stake in BlackRock MuniYield Quality Fund III during the 4th quarter worth approximately $69,000. Comerica Bank raised its holdings in BlackRock MuniYield Quality Fund III by 22,586.2% in the fourth quarter. Comerica Bank now owns 6,579 shares of the investment management company’s stock valued at $72,000 after buying an additional 6,550 shares during the period. Finally, Prestige Wealth Management Group LLC purchased a new position in BlackRock MuniYield Quality Fund III in the third quarter valued at approximately $83,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Price Performance

BlackRock MuniYield Quality Fund III stock opened at $10.94 on Wednesday. The firm has a fifty day moving average of $10.86 and a 200-day moving average of $10.94. BlackRock MuniYield Quality Fund III, Inc. has a 52-week low of $10.20 and a 52-week high of $11.46.

BlackRock MuniYield Quality Fund III Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.0555 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Tuesday, September 15th.

BlackRock MuniYield Quality Fund III Profile

BlackRock MuniYield Quality Fund III (NYSE: MYI) is a closed-end management investment company that seeks to provide investors with a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including bonds, notes and other debt obligations issued by state and local governments, agencies and authorities across the United States.

In managing its portfolio, the fund generally allocates at least 80% of its total assets to investment-grade municipal debt instruments.