BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, July 15th will be given a dividend of 0.0515 per share by the financial services provider on Friday, August 1st. This represents a $0.62 annualized dividend and a yield of 6.27%. The ex-dividend date is Tuesday, July 15th.
BlackRock MuniHoldings New York Quality Fund Stock Performance
MHN stock traded down $0.07 during midday trading on Friday, hitting $9.85. 32,244 shares of the company's stock were exchanged, compared to its average volume of 64,028. BlackRock MuniHoldings New York Quality Fund has a one year low of $9.52 and a one year high of $11.20. The stock's fifty day moving average price is $9.83 and its 200-day moving average price is $10.13.
Hedge Funds Weigh In On BlackRock MuniHoldings New York Quality Fund
An institutional investor recently raised its position in BlackRock MuniHoldings New York Quality Fund stock. Royal Bank of Canada boosted its stake in shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 7.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 247,041 shares of the financial services provider's stock after buying an additional 16,600 shares during the period. Royal Bank of Canada owned approximately 0.82% of BlackRock MuniHoldings New York Quality Fund worth $2,508,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 28.22% of the company's stock.
BlackRock MuniHoldings New York Quality Fund Company Profile
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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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