BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) announced a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.0515 per share by the financial services provider on Tuesday, July 1st. This represents a $0.62 annualized dividend and a dividend yield of 6.34%. The ex-dividend date of this dividend is Friday, June 13th.
BlackRock MuniHoldings New York Quality Fund Stock Down 0.9%
Shares of NYSE:MHN traded down $0.09 during mid-day trading on Thursday, hitting $9.74. The stock had a trading volume of 57,315 shares, compared to its average volume of 64,565. BlackRock MuniHoldings New York Quality Fund has a 12-month low of $9.52 and a 12-month high of $11.20. The company's 50 day moving average is $9.89 and its 200-day moving average is $10.29.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in BlackRock MuniHoldings New York Quality Fund stock. Royal Bank of Canada boosted its position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 7.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 247,041 shares of the financial services provider's stock after buying an additional 16,600 shares during the quarter. Royal Bank of Canada owned approximately 0.82% of BlackRock MuniHoldings New York Quality Fund worth $2,508,000 at the end of the most recent reporting period. 28.22% of the stock is currently owned by institutional investors and hedge funds.
About BlackRock MuniHoldings New York Quality Fund
(
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BlackRock MuniHoldings New York Quality Fund, 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 investment grade New York municipal obligations exempt from federal income taxes and New York State and New York City personal income taxes.
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