BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.13 and traded as low as $9.83. BlackRock MuniHoldings New York Quality Fund shares last traded at $9.85, with a volume of 32,244 shares changing hands.
BlackRock MuniHoldings New York Quality Fund Stock Performance
The company's 50 day simple moving average is $9.83 and its 200 day simple moving average is $10.12.
BlackRock MuniHoldings New York Quality Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be issued a $0.0515 dividend. This represents a $0.62 annualized dividend and a dividend yield of 6.33%. The ex-dividend date is Tuesday, July 15th.
Institutional Trading of BlackRock MuniHoldings New York Quality Fund
A number of hedge funds have recently made changes to their positions in MHN. Guggenheim Capital LLC increased its position in BlackRock MuniHoldings New York Quality Fund by 4.9% during the fourth quarter. Guggenheim Capital LLC now owns 619,360 shares of the financial services provider's stock worth $6,404,000 after acquiring an additional 28,694 shares during the period. Bank of America Corp DE increased its position in BlackRock MuniHoldings New York Quality Fund by 49.9% during the fourth quarter. Bank of America Corp DE now owns 442,732 shares of the financial services provider's stock worth $4,578,000 after acquiring an additional 147,361 shares during the period. Royal Bank of Canada increased its position in BlackRock MuniHoldings New York Quality Fund by 7.2% during the first quarter. Royal Bank of Canada now owns 247,041 shares of the financial services provider's stock worth $2,508,000 after acquiring an additional 16,600 shares during the period. Raymond James Financial Inc. bought a new position in BlackRock MuniHoldings New York Quality Fund during the fourth quarter worth $1,058,000. Finally, PNC Financial Services Group Inc. increased its position in BlackRock MuniHoldings New York Quality Fund by 32.6% during the first quarter. PNC Financial Services Group Inc. now owns 98,763 shares of the financial services provider's stock worth $1,002,000 after acquiring an additional 24,300 shares during the period. 28.22% of the stock is owned by hedge funds and other institutional investors.
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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