6 Meridian Acquires New Position in Blackrock Muniyield Insured Fund Inc. (MYI)

6 Meridian acquired a new position in Blackrock Muniyield Insured Fund Inc. (NYSE:MYI) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 84,183 shares of the investment management company’s stock, valued at approximately $1,064,000. 6 Meridian owned 0.12% of Blackrock Muniyield Insured Fund as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MYI. Wolverine Asset Management LLC bought a new position in Blackrock Muniyield Insured Fund during the fourth quarter valued at approximately $118,000. Pinnacle Financial Partners Inc. bought a new position in Blackrock Muniyield Insured Fund during the fourth quarter valued at approximately $141,000. Cambridge Investment Research Advisors Inc. bought a new position in Blackrock Muniyield Insured Fund during the first quarter valued at approximately $148,000. Wetherby Asset Management Inc. bought a new position in Blackrock Muniyield Insured Fund during the first quarter valued at approximately $153,000. Finally, Doliver Capital Advisors LP bought a new position in Blackrock Muniyield Insured Fund during the first quarter valued at approximately $166,000. 9.50% of the stock is owned by hedge funds and other institutional investors.

Shares of Blackrock Muniyield Insured Fund stock opened at $12.40 on Friday. Blackrock Muniyield Insured Fund Inc. has a 12 month low of $12.36 and a 12 month high of $14.86.

The company also recently declared a monthly dividend, which will be paid on Friday, June 1st. Investors of record on Tuesday, May 15th will be paid a dividend of $0.0585 per share. This represents a $0.70 dividend on an annualized basis and a yield of 5.66%. The ex-dividend date is Monday, May 14th.

About Blackrock Muniyield Insured Fund

There is no company description available for BlackRock MuniYield Quality Fund III, Inc.

Institutional Ownership by Quarter for Blackrock Muniyield Insured Fund (NYSE:MYI)

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