Home Hedge Funds Transcend Capital Advisors LLC Acquires 4,100 Shares of BlackRock MuniYield Fund, Inc....

Transcend Capital Advisors LLC Acquires 4,100 Shares of BlackRock MuniYield Fund, Inc. (NYSE:MYD)

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Transcend Capital Advisors LLC lifted its holdings in shares of BlackRock MuniYield Fund, Inc. (NYSE:MYDGet Rating) by 25.3% during the 1st quarter, Holdings Channel reports. The firm owned 20,323 shares of the financial services provider’s stock after purchasing an additional 4,100 shares during the period. Transcend Capital Advisors LLC’s holdings in BlackRock MuniYield Fund were worth $257,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MYD. CWM LLC bought a new position in shares of BlackRock MuniYield Fund during the fourth quarter worth approximately $26,000. Wealth Effects LLC acquired a new stake in shares of BlackRock MuniYield Fund during the 4th quarter worth approximately $160,000. Landscape Capital Management L.L.C. acquired a new stake in shares of BlackRock MuniYield Fund during the 4th quarter worth approximately $165,000. Atticus Wealth Management LLC acquired a new stake in shares of BlackRock MuniYield Fund during the 1st quarter worth approximately $166,000. Finally, Integrated Capital Management Inc. boosted its position in shares of BlackRock MuniYield Fund by 8.4% during the 4th quarter. Integrated Capital Management Inc. now owns 13,458 shares of the financial services provider’s stock worth $197,000 after acquiring an additional 1,041 shares in the last quarter. 13.55% of the stock is currently owned by institutional investors.

NYSE MYD opened at $11.31 on Tuesday. The firm’s 50 day simple moving average is $11.26 and its 200 day simple moving average is $12.46. BlackRock MuniYield Fund, Inc. has a 1 year low of $10.52 and a 1 year high of $15.60.

The company also recently declared a monthly dividend, which was paid on Friday, July 1st. Investors of record on Wednesday, June 15th were given a dividend of $0.0515 per share. The ex-dividend date was Tuesday, June 14th. This represents a $0.62 annualized dividend and a dividend yield of 5.46%.

BlackRock MuniYield Fund Profile (Get Rating)

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.

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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:MYDGet Rating).

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



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