Wheelhouse Advisory Group LLC Has $303,000 Holdings in BlackRock MuniYield Fund, Inc. $MYD

Wheelhouse Advisory Group LLC cut its position in BlackRock MuniYield Fund, Inc. (NYSE:MYD) by 29.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,158 shares of the financial services provider’s stock after selling 12,549 shares during the period. Wheelhouse Advisory Group LLC’s holdings in BlackRock MuniYield Fund were worth $303,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. boosted its position in BlackRock MuniYield Fund by 12.6% in the first quarter. Atria Wealth Solutions Inc. now owns 12,580 shares of the financial services provider’s stock valued at $133,000 after buying an additional 1,410 shares in the last quarter. Fortitude Advisory Group L.L.C. boosted its position in BlackRock MuniYield Fund by 5.9% in the first quarter. Fortitude Advisory Group L.L.C. now owns 32,076 shares of the financial services provider’s stock valued at $318,000 after buying an additional 1,800 shares in the last quarter. Transcend Capital Advisors LLC boosted its position in BlackRock MuniYield Fund by 13.6% in the first quarter. Transcend Capital Advisors LLC now owns 19,316 shares of the financial services provider’s stock valued at $204,000 after buying an additional 2,316 shares in the last quarter. Avior Wealth Management LLC boosted its position in BlackRock MuniYield Fund by 43.4% in the first quarter. Avior Wealth Management LLC now owns 14,488 shares of the financial services provider’s stock valued at $153,000 after buying an additional 4,386 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in BlackRock MuniYield Fund by 389.6% in the first quarter. Geneos Wealth Management Inc. now owns 5,953 shares of the financial services provider’s stock valued at $63,000 after buying an additional 4,737 shares in the last quarter. 33.77% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Fund Stock Performance

NYSE:MYD opened at $10.61 on Wednesday. BlackRock MuniYield Fund, Inc. has a 12 month low of $9.65 and a 12 month high of $11.65. The company’s 50-day moving average price is $10.26 and its two-hundred day moving average price is $10.15.

BlackRock MuniYield Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be paid a dividend of $0.0545 per share. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Wednesday, October 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.