BR-MUNIYLD FD I (MYD) Stake Increased by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. increased its position in shares of BR-MUNIYLD FD I (NYSE:MYD) by 19.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,964 shares of the financial services provider’s stock after purchasing an additional 4,869 shares during the period. Ladenburg Thalmann Financial Services Inc. owned 0.06% of BR-MUNIYLD FD I worth $451,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in MYD. Private Advisor Group LLC grew its stake in BR-MUNIYLD FD I by 1.1% during the second quarter. Private Advisor Group LLC now owns 38,040 shares of the financial services provider’s stock valued at $574,000 after acquiring an additional 400 shares in the last quarter. HighTower Advisors LLC grew its stake in BR-MUNIYLD FD I by 20.1% during the second quarter. HighTower Advisors LLC now owns 21,899 shares of the financial services provider’s stock valued at $327,000 after acquiring an additional 3,666 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in BR-MUNIYLD FD I by 9.5% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 42,813 shares of the financial services provider’s stock valued at $645,000 after acquiring an additional 3,707 shares in the last quarter. Citigroup Inc. grew its stake in BR-MUNIYLD FD I by 5.2% during the second quarter. Citigroup Inc. now owns 85,197 shares of the financial services provider’s stock valued at $1,277,000 after acquiring an additional 4,225 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in BR-MUNIYLD FD I by 3.2% during 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 acquiring an additional 4,783 shares in the last quarter. Hedge funds and other institutional investors own 8.64% of the company’s stock.

In related news, insider Theodore R. Jaeckel, Jr. bought 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The stock was bought at an average cost of $14.37 per share, with a total value of $50,295.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.00% of the company’s stock.

BR-MUNIYLD FD I (NYSE:MYD) opened at $14.41 on Wednesday. BR-MUNIYLD FD I has a 52 week low of $13.85 and a 52 week high of $15.73.

The business also recently announced a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Tuesday, December 12th will be paid a dividend of $0.067 per share. The ex-dividend date is Monday, December 11th. This represents a $0.80 annualized dividend and a yield of 5.58%.

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BR-MUNIYLD FD I Company Profile

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.

Institutional Ownership by Quarter for BR-MUNIYLD FD I (NYSE:MYD)

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