Equitable Holdings Inc. Makes New Investment in BlackRock MuniYield Quality Fund III, Inc. $MYI

Equitable Holdings Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 48,201 shares of the investment management company’s stock, valued at approximately $489,000.

Other large investors also recently made changes to their positions in the company. Jefferies Financial Group Inc. bought a new stake in shares of BlackRock MuniYield Quality Fund III in the 2nd quarter valued at about $152,000. Bank of America Corp DE bought a new position in BlackRock MuniYield Quality Fund III during the 2nd quarter worth approximately $16,031,000. Evolve Private Wealth LLC acquired a new position in BlackRock MuniYield Quality Fund III during the second quarter valued at approximately $274,000. Meeder Advisory Services Inc. bought a new stake in BlackRock MuniYield Quality Fund III in the second quarter valued at approximately $129,000. Finally, Focused Wealth Management Inc bought a new stake in BlackRock MuniYield Quality Fund III in the second quarter valued at approximately $1,886,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Trading Down 0.2%

MYI opened at $10.72 on Monday. BlackRock MuniYield Quality Fund III, Inc. has a twelve month low of $10.37 and a twelve month high of $11.46. The firm’s fifty day moving average is $10.87 and its two-hundred day moving average is $10.91.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a $0.0555 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Tuesday, September 15th.

About BlackRock MuniYield Quality Fund III

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.