Wolverine Asset Management LLC grew its position in Blackrock Muniyield Fund Inc. (NYSE:MYD) by 70.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,428 shares of the financial services provider’s stock after acquiring an additional 31,096 shares during the quarter. Wolverine Asset Management LLC owned about 0.16% of Blackrock Muniyield Fund worth $1,004,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently made changes to their positions in MYD. Creative Planning purchased a new stake in shares of Blackrock Muniyield Fund in the second quarter valued at $134,000. Oppenheimer & Co. Inc. raised its stake in shares of Blackrock Muniyield Fund by 26.8% in the first quarter. Oppenheimer & Co. Inc. now owns 18,640 shares of the financial services provider’s stock valued at $249,000 after acquiring an additional 3,940 shares during the period. Financial & Investment Management Group Ltd. purchased a new stake in shares of Blackrock Muniyield Fund in the second quarter valued at $253,000. Millennium Management LLC purchased a new stake in shares of Blackrock Muniyield Fund in the first quarter valued at $325,000. Finally, Private Advisor Group LLC purchased a new stake in shares of Blackrock Muniyield Fund in the second quarter valued at $434,000. 10.38% of the stock is currently owned by institutional investors and hedge funds.
Shares of MYD traded down $0.16 during midday trading on Friday, hitting $13.02. The stock had a trading volume of 103,565 shares, compared to its average volume of 100,643. Blackrock Muniyield Fund Inc. has a 1 year low of $13.02 and a 1 year high of $15.04.
The business also recently declared a monthly dividend, which was paid on Monday, October 1st. Stockholders of record on Friday, September 14th were issued a $0.061 dividend. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date was Thursday, September 13th.
Blackrock Muniyield Fund Profile
There is no company description available for BlackRock MuniYield.
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