Rothschild Investment LLC Sells 3,000 Shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Rothschild Investment LLC decreased its holdings in BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 2.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 130,400 shares of the financial services provider’s stock after selling 3,000 shares during the quarter. Rothschild Investment LLC owned 0.28% of BlackRock MuniYield Fund worth $1,355,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Tanglewood Legacy Advisors LLC purchased a new stake in shares of BlackRock MuniYield Fund in the fourth quarter worth approximately $47,000. Avidian Wealth Enterprises LLC bought a new stake in BlackRock MuniYield Fund during the fourth quarter worth $105,000. Simon Quick Advisors LLC purchased a new stake in BlackRock MuniYield Fund in the 4th quarter valued at $110,000. Wolverine Asset Management LLC raised its position in BlackRock MuniYield Fund by 740.0% in the 4th quarter. Wolverine Asset Management LLC now owns 11,760 shares of the financial services provider’s stock valued at $122,000 after buying an additional 10,360 shares during the last quarter. Finally, Choreo LLC lifted its stake in BlackRock MuniYield Fund by 8.5% during the 4th quarter. Choreo LLC now owns 12,738 shares of the financial services provider’s stock valued at $132,000 after acquiring an additional 994 shares in the last quarter. Institutional investors and hedge funds own 33.77% of the company’s stock.

BlackRock MuniYield Fund Stock Down 0.0 %

MYD opened at $10.77 on Tuesday. The firm’s fifty day moving average price is $10.63 and its two-hundred day moving average price is $11.06. BlackRock MuniYield Fund, Inc. has a 1 year low of $10.27 and a 1 year high of $11.74.

BlackRock MuniYield Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.0545 per share. This represents a $0.65 annualized dividend and a yield of 6.08%. The ex-dividend date of this dividend is Friday, February 14th.

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.