AMC 12 2009a Problem 3

What number is one third of the way from $\frac14$ to $\frac34$?

\textbf{(A)}\ \frac {1}{3} \textbf{(B)}\ \frac {5}{12} \textbf{(C)}\ \frac {1}{2} \textbf{(D)}\ \frac {7}{12} \textbf{(E)}\ \frac {2}{3}