Landscape Capital Management L.L.C. Sells 10,515 Shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD)

Posted by Defense World Staff on Aug 22nd, 2023

Landscape Capital Management L.L.C. cut its stake in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD – Free Report) by 40.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,366 shares of the financial services provider’s stock after selling 10,515 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in BlackRock MuniYield Fund were worth $165,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of MYD. Captrust Financial Advisors bought a new stake in BlackRock MuniYield Fund in the 2nd quarter worth about $41,000. Ahrens Investment Partners LLC bought a new stake in BlackRock MuniYield Fund in the 1st quarter worth about $64,000. Raymond James Trust N.A. bought a new stake in BlackRock MuniYield Fund in the 4th quarter worth about $109,000. WealthTrust Axiom LLC bought a new stake in BlackRock MuniYield Fund in the 1st quarter worth about $111,000. Finally, RPO LLC bought a new stake in BlackRock MuniYield Fund in the 4th quarter worth about $121,000. 28.72% of the stock is currently owned by institutional investors.

BlackRock MuniYield Fund Trading Down 0.4 %

NYSE MYD opened at $10.02 on Tuesday. The stock has a 50-day moving average of $10.39 and a 200 day moving average of $10.47. BlackRock MuniYield Fund, Inc. has a one year low of $9.47 and a one year high of $11.45.

BlackRock MuniYield Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.0365 per share. The ex-dividend date is Monday, August 14th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.37%.

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.