Rareview Capital LLC Buys 83,565 Shares of BlackRock MuniYield Quality Fund III, Inc. $MYI

Rareview Capital LLC boosted its stake in shares of BlackRock MuniYield Quality Fund III, Inc. (NYSE:MYI) by 22.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 461,043 shares of the investment management company’s stock after acquiring an additional 83,565 shares during the period. BlackRock MuniYield Quality Fund III comprises about 2.8% of Rareview Capital LLC’s holdings, making the stock its 9th biggest holding. Rareview Capital LLC owned 0.38% of BlackRock MuniYield Quality Fund III worth $4,836,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Riverbridge Partners LLC acquired a new position in shares of BlackRock MuniYield Quality Fund III during the 1st quarter worth about $774,000. Fiera Capital Corp acquired a new stake in BlackRock MuniYield Quality Fund III in the 4th quarter worth about $4,652,000. Moors & Cabot Inc. boosted its holdings in BlackRock MuniYield Quality Fund III by 17.1% in the 4th quarter. Moors & Cabot Inc. now owns 32,890 shares of the investment management company’s stock worth $358,000 after buying an additional 4,800 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in BlackRock MuniYield Quality Fund III by 6.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 84,326 shares of the investment management company’s stock worth $917,000 after buying an additional 5,000 shares during the last quarter. Finally, UBS Group AG increased its stake in BlackRock MuniYield Quality Fund III by 3.1% during the 4th quarter. UBS Group AG now owns 637,653 shares of the investment management company’s stock worth $6,931,000 after buying an additional 18,893 shares in the last quarter. 34.01% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniYield Quality Fund III Price Performance

Shares of BlackRock MuniYield Quality Fund III stock opened at $11.12 on Friday. The business has a 50 day simple moving average of $10.91 and a two-hundred day simple moving average of $10.95. BlackRock MuniYield Quality Fund III, Inc. has a 12 month low of $10.20 and a 12 month high of $11.46.

BlackRock MuniYield Quality Fund III Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

About BlackRock MuniYield Quality Fund III

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.