BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC lowered its position in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 2.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,909,158 shares of the investment management company’s stock after selling 40,402 shares during the quarter. BlackRock MuniYield Quality Fund III comprises approximately 1.1% of Rivernorth Capital Management LLC’s investment portfolio, making the stock its 29th biggest holding. Rivernorth Capital Management LLC owned 2.81% of BlackRock MuniYield Quality Fund III worth $22,910,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MYI. International Assets Investment Management LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the second quarter valued at approximately $42,000. Larson Financial Group LLC increased its stake in shares of BlackRock MuniYield Quality Fund III by 238.1% during the third quarter. Larson Financial Group LLC now owns 6,085 shares of the investment management company’s stock valued at $73,000 after acquiring an additional 4,285 shares during the period. Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the second quarter valued at approximately $80,000. Icon Wealth Advisors LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the third quarter valued at approximately $104,000. Finally, Callan Family Office LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the second quarter valued at approximately $154,000. Institutional investors and hedge funds own 34.01% of the company’s stock.

BlackRock MuniYield Quality Fund III Trading Up 0.2 %

NYSE MYI opened at $11.58 on Thursday. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $10.83 and a 12 month high of $12.07. The company’s 50 day simple moving average is $11.57 and its 200 day simple moving average is $11.44.

BlackRock MuniYield Quality Fund III Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 15th were paid a dividend of $0.0555 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 5.75%.

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.