Private Advisor Group LLC bought a new stake in BlackRock MuniYield Fund, Inc. (NYSE:MYD – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 12,054 shares of the financial services provider’s stock, valued at approximately $138,000.
Several other hedge funds also recently modified their holdings of the business. Freestone Capital Holdings LLC boosted its stake in shares of BlackRock MuniYield Fund by 3.0% in the 1st quarter. Freestone Capital Holdings LLC now owns 51,500 shares of the financial services provider’s stock valued at $570,000 after purchasing an additional 1,500 shares during the last quarter. Transcend Capital Advisors LLC boosted its stake in BlackRock MuniYield Fund by 13.3% during the 2nd quarter. Transcend Capital Advisors LLC now owns 17,000 shares of the financial services provider’s stock worth $184,000 after acquiring an additional 2,000 shares during the last quarter. Blue Bell Private Wealth Management LLC bought a new position in BlackRock MuniYield Fund during the 2nd quarter worth approximately $25,000. EverSource Wealth Advisors LLC boosted its stake in BlackRock MuniYield Fund by 2,293.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,609 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Wolverine Asset Management LLC bought a new position in BlackRock MuniYield Fund during the 2nd quarter worth approximately $42,000. Institutional investors own 33.77% of the company’s stock.
BlackRock MuniYield Fund Price Performance
BlackRock MuniYield Fund stock opened at $11.25 on Friday. The company’s 50 day simple moving average is $11.36 and its 200 day simple moving average is $11.03. BlackRock MuniYield Fund, Inc. has a fifty-two week low of $9.49 and a fifty-two week high of $11.74.
BlackRock MuniYield Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be issued a dividend of $0.0545 per share. The ex-dividend date is Friday, November 15th. This represents a $0.65 annualized dividend and a yield of 5.81%.
BlackRock MuniYield Fund Profile
(Free Report)
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.
Recommended Stories
Want to see what other hedge funds are holding MYD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniYield Fund, Inc. (NYSE:MYD – Free Report).
Receive News & Ratings for BlackRock MuniYield Fund Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for BlackRock MuniYield Fund and related companies with MarketBeat.com’s FREE daily email newsletter.
