180 Wealth Advisors LLC Cuts Stake in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

180 Wealth Advisors LLC reduced its holdings in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,545 shares of the financial services provider’s stock after selling 2,700 shares during the period. 180 Wealth Advisors LLC owned about 0.11% of BlackRock MuniYield Fund worth $515,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Congress Park Capital LLC grew its holdings in shares of BlackRock MuniYield Fund by 8.8% during the 3rd quarter. Congress Park Capital LLC now owns 790,000 shares of the financial services provider’s stock valued at $9,030,000 after purchasing an additional 64,000 shares during the last quarter. Intellectus Partners LLC boosted its position in BlackRock MuniYield Fund by 10.1% during the third quarter. Intellectus Partners LLC now owns 76,000 shares of the financial services provider’s stock valued at $872,000 after buying an additional 7,000 shares during the period. J.W. Cole Advisors Inc. bought a new position in shares of BlackRock MuniYield Fund during the third quarter valued at about $605,000. Commonwealth Equity Services LLC increased its holdings in shares of BlackRock MuniYield Fund by 82.8% in the second quarter. Commonwealth Equity Services LLC now owns 39,406 shares of the financial services provider’s stock worth $428,000 after buying an additional 17,845 shares during the period. Finally, Sanctuary Advisors LLC increased its holdings in shares of BlackRock MuniYield Fund by 10.2% in the third quarter. Sanctuary Advisors LLC now owns 21,528 shares of the financial services provider’s stock worth $240,000 after buying an additional 2,000 shares during the period. 33.77% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Fund Stock Performance

Shares of MYD stock opened at $10.49 on Wednesday. The business has a 50-day moving average of $10.93 and a 200 day moving average of $11.11. BlackRock MuniYield Fund, Inc. has a 1-year low of $10.27 and a 1-year high of $11.74.

BlackRock MuniYield Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.0545 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date is Wednesday, January 15th.

BlackRock MuniYield Fund Company Profile

BlackRock MuniYield Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets. The fund primarily in long-term investment-grade municipal bonds with a maturity of more than ten years. It is exempt from federal income taxes.