Blackrock Muniyield Insured Fund (MYI) Reaches New 12-Month High at $13.17

Blackrock Muniyield Insured Fund Inc. (NYSE:MYI) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $13.17 and last traded at $13.12, with a volume of 2399 shares trading hands. The stock had previously closed at $13.07.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th will be given a dividend of $0.0505 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.61 dividend on an annualized basis and a yield of 4.63%.

Institutional investors have recently added to or reduced their stakes in the business. We Are One Seven LLC acquired a new position in Blackrock Muniyield Insured Fund during the 4th quarter valued at about $25,000. Pinnacle Financial Partners Inc. acquired a new position in Blackrock Muniyield Insured Fund during the 1st quarter valued at about $48,000. Private Capital Group LLC acquired a new position in Blackrock Muniyield Insured Fund during the 1st quarter valued at about $112,000. TCG Advisors LP acquired a new position in Blackrock Muniyield Insured Fund during the 1st quarter valued at about $116,000. Finally, Cito Capital Group LLC acquired a new position in Blackrock Muniyield Insured Fund during the 4th quarter valued at about $121,000. Institutional investors own 23.23% of the company’s stock.

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Blackrock Muniyield Insured Fund Company Profile (NYSE:MYI)

BlackRock MuniYield Quality Fund III, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It invests primarily in a portfolio of long-term investment-grade municipal obligations exempt from federal income taxes.

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