BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.95 and traded as high as $10.95. BlackRock MuniYield Quality Fund III shares last traded at $10.9450, with a volume of 187,043 shares changing hands.
BlackRock MuniYield Quality Fund III Price Performance
The firm’s 50-day moving average is $10.82 and its two-hundred day moving average is $10.95.
Institutional Trading of BlackRock MuniYield Quality Fund III
Hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont bought a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at about $25,000. Geneos Wealth Management Inc. bought a new position in shares of BlackRock MuniYield Quality Fund III in the 1st quarter valued at about $42,000. EverSource Wealth Advisors LLC bought a new position in shares of BlackRock MuniYield Quality Fund III in the 1st quarter valued at about $44,000. Elyxium Wealth LLC bought a new position in shares of BlackRock MuniYield Quality Fund III in the 4th quarter valued at about $69,000. Finally, Comerica Bank lifted its holdings in shares of BlackRock MuniYield Quality Fund III by 22,586.2% in the 4th quarter. Comerica Bank now owns 6,579 shares of the investment management company’s stock valued at $72,000 after acquiring an additional 6,550 shares during the last quarter. 34.01% of the stock is currently owned by hedge funds and other institutional investors.
BlackRock MuniYield Quality Fund III Company Profile
BlackRock MuniYield Quality Fund III (NYSE: MYI) is a closed-end management investment company that seeks to provide investors with a high level of current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including bonds, notes and other debt obligations issued by state and local governments, agencies and authorities across the United States.
In managing its portfolio, the fund generally allocates at least 80% of its total assets to investment-grade municipal debt instruments.
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