Guggenheim Capital LLC Lowers Holdings in BlackRock MuniYield Quality Fund III, Inc. $MYI

Guggenheim Capital LLC cut its stake in BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 5.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,280,694 shares of the investment management company’s stock after selling 78,278 shares during the period. Guggenheim Capital LLC’s holdings in BlackRock MuniYield Quality Fund III were worth $13,434,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wolverine Asset Management LLC acquired a new position in BlackRock MuniYield Quality Fund III during the first quarter worth approximately $40,000. Traub Capital Management LLC acquired a new stake in shares of BlackRock MuniYield Quality Fund III during the 2nd quarter worth $43,000. Geneos Wealth Management Inc. boosted its holdings in 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 valued at $56,000 after acquiring an additional 4,494 shares during the last quarter. Chung Wu Investment Group LLC purchased a new stake in BlackRock MuniYield Quality Fund III during the second quarter valued at about $63,000. Finally, Plancorp LLC acquired a new stake in BlackRock MuniYield Quality Fund III during the first quarter worth about $110,000. 34.01% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund III Stock Performance

BlackRock MuniYield Quality Fund III stock opened at $11.10 on Friday. The stock’s 50-day moving average is $11.00 and its 200-day moving average is $10.69. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $9.98 and a 12 month high of $11.63.

BlackRock MuniYield Quality Fund III Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 14th were given a $0.0555 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a c) annualized dividend and a dividend yield of 6.0%.

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.