River Street Advisors LLC Takes $140,000 Position in BlackRock MuniYield Quality Fund III, Inc. $MYI

River Street Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) in the 2nd quarter, Holdings Channel.com reports. The firm bought 13,314 shares of the investment management company’s stock, valued at approximately $140,000.

A number of other large investors also recently added to or reduced their stakes in MYI. Wolverine Asset Management LLC bought a new position in BlackRock MuniYield Quality Fund III in the 1st quarter worth approximately $40,000. Geneos Wealth Management Inc. lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 803.9% in the first quarter. Geneos Wealth Management Inc. now owns 5,053 shares of the investment management company’s stock worth $56,000 after buying an additional 4,494 shares in the last quarter. Plancorp LLC purchased a new position in shares of BlackRock MuniYield Quality Fund III in the first quarter worth $110,000. Choreo LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the first quarter worth $118,000. Finally, Citadel Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund III during the fourth quarter worth $131,000. 34.01% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Trading Down 0.1%

Shares of NYSE MYI opened at $10.97 on Friday. The firm’s fifty day moving average is $10.68 and its two-hundred day moving average is $10.58. BlackRock MuniYield Quality Fund III, Inc. has a 52-week low of $9.98 and a 52-week high of $11.96.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.0555 per share. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, October 15th.

About BlackRock MuniYield Quality Fund III

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.