BR-MUNIYLD FD I (NYSE:MYD) insider Theodore R. Jaeckel, Jr. purchased 3,500 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was acquired at an average cost of $14.37 per share, with a total value of $50,295.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
BR-MUNIYLD FD I (NYSE MYD) opened at $14.32 on Friday. BR-MUNIYLD FD I has a fifty-two week low of $13.61 and a fifty-two week high of $15.73.
The firm also recently declared a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be issued a $0.067 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date is Tuesday, November 14th.
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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cornerstone Advisory LLP acquired a new position in BR-MUNIYLD FD I in the second quarter valued at approximately $2,946,000. Wells Fargo & Company MN boosted its holdings in BR-MUNIYLD FD I by 3.2% in the third quarter. Wells Fargo & Company MN now owns 156,484 shares of the financial services provider’s stock valued at $2,357,000 after purchasing an additional 4,783 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in BR-MUNIYLD FD I by 18.9% in the third quarter. Ameriprise Financial Inc. now owns 116,194 shares of the financial services provider’s stock valued at $1,750,000 after purchasing an additional 18,450 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in BR-MUNIYLD FD I by 15.8% in the third quarter. Advisors Asset Management Inc. now owns 91,516 shares of the financial services provider’s stock valued at $1,378,000 after purchasing an additional 12,466 shares in the last quarter. Finally, Van ECK Associates Corp boosted its holdings in BR-MUNIYLD FD I by 11.8% in the second quarter. Van ECK Associates Corp now owns 88,343 shares of the financial services provider’s stock valued at $1,324,000 after purchasing an additional 9,348 shares in the last quarter. 8.26% of the stock is owned by hedge funds and other institutional investors.
About BR-MUNIYLD FD I
BlackRock MuniYield Fund, Inc is a non-diversified closed-end management investment fund. The Fund’s 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.
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