Raymond James Trust N.A. Makes New $109,000 Investment in BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Posted by on Apr 27th, 2023

Raymond James Trust N.A. acquired a new position in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD – Get Rating) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,500 shares of the financial services provider’s stock, valued at approximately $109,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Private Advisor Group LLC lifted its stake in shares of BlackRock MuniYield Fund by 6.1% in the 4th quarter. Private Advisor Group LLC now owns 19,829 shares of the financial services provider’s stock valued at $206,000 after purchasing an additional 1,148 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of BlackRock MuniYield Fund by 1.4% in the 1st quarter. Royal Bank of Canada now owns 93,350 shares of the financial services provider’s stock valued at $1,179,000 after buying an additional 1,323 shares during the period. Cohen & Steers Inc. raised its holdings in shares of BlackRock MuniYield Fund by 14.1% in the 1st quarter. Cohen & Steers Inc. now owns 19,374 shares of the financial services provider’s stock valued at $245,000 after buying an additional 2,400 shares during the period. Park Avenue Securities LLC raised its holdings in shares of BlackRock MuniYield Fund by 2.7% in the 3rd quarter. Park Avenue Securities LLC now owns 95,029 shares of the financial services provider’s stock valued at $945,000 after buying an additional 2,499 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of BlackRock MuniYield Fund by 3.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 75,033 shares of the financial services provider’s stock valued at $744,000 after buying an additional 2,517 shares during the period.

BlackRock MuniYield Fund Trading Up 0.7 %

MYD stock opened at $10.49 on Thursday. BlackRock MuniYield Fund, Inc. has a 12-month low of $9.47 and a 12-month high of $12.01. The business’s fifty day moving average price is $10.58 and its 200 day moving average price is $10.50.

BlackRock MuniYield Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, May 1st. Shareholders of record on Friday, April 14th will be issued a dividend of $0.0365 per share. The ex-dividend date of this dividend is Thursday, April 13th. This represents a $0.44 annualized dividend and a yield of 4.18%.

About BlackRock MuniYield Fund

(Get Rating)

BlackRock MuniYield Fund, Inc is a non-diversified, closed-end management investment fund. Its investment objective is to provide shareholders with as high a level of current income exempt from federal income taxes as is consistent with its investment policies and prudent investment management by investing primarily in a portfolio of long-term municipal bonds.

See Also

Institutional Ownership by Quarter for BlackRock MuniYield Fund (NYSE:MYD)

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