46,864 Shares in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Purchased by Ackerman Capital Advisors LLC

Ackerman Capital Advisors LLC acquired a new stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 46,864 shares of the investment management company’s stock, valued at approximately $517,000. Ackerman Capital Advisors LLC owned approximately 0.07% of BlackRock MuniYield Quality Fund III at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Larson Financial Group LLC raised its position in BlackRock MuniYield Quality Fund III by 238.1% in the 3rd quarter. Larson Financial Group LLC now owns 6,085 shares of the investment management company’s stock worth $73,000 after purchasing an additional 4,285 shares during the last quarter. Icon Wealth Advisors LLC bought a new stake in shares of BlackRock MuniYield Quality Fund III during the third quarter worth $104,000. Cresta Advisors Ltd. acquired a new position in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at $204,000. Pathway Financial Advisers LLC bought a new position in BlackRock MuniYield Quality Fund III in the fourth quarter valued at about $211,000. Finally, Janney Montgomery Scott LLC acquired a new stake in BlackRock MuniYield Quality Fund III in the fourth quarter worth about $266,000. 34.01% of the stock is owned by institutional investors.

BlackRock MuniYield Quality Fund III Price Performance

Shares of NYSE:MYI opened at $11.21 on Wednesday. BlackRock MuniYield Quality Fund III, Inc. has a 1-year low of $10.83 and a 1-year high of $12.07. The business has a 50-day moving average price of $11.09 and a two-hundred day moving average price of $11.41.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a $0.0555 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.67 dividend on an annualized basis and a yield of 5.94%.

BlackRock MuniYield Quality Fund III 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.