BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.22 and traded as low as $9.70. BlackRock MuniHoldings New York Quality Fund shares last traded at $9.75, with a volume of 39,025 shares.
BlackRock MuniHoldings New York Quality Fund Stock Down 0.6%
The stock has a 50 day simple moving average of $9.82 and a 200-day simple moving average of $10.20.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th will be paid a $0.0515 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date of this dividend is Friday, June 13th.
Institutional Trading of BlackRock MuniHoldings New York Quality Fund
A number of large investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in BlackRock MuniHoldings New York Quality Fund by 32.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider's stock worth $162,000 after acquiring an additional 3,810 shares during the last quarter. LPL Financial LLC increased its stake in BlackRock MuniHoldings New York Quality Fund by 20.7% in the 4th quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock worth $260,000 after acquiring an additional 4,301 shares during the last quarter. Generation Capital Management LLC bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the 4th quarter valued at approximately $119,000. PNC Financial Services Group Inc. increased its position in shares of BlackRock MuniHoldings New York Quality Fund by 24.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 74,463 shares of the financial services provider's stock valued at $770,000 after purchasing an additional 14,463 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of BlackRock MuniHoldings New York Quality Fund by 7.2% during the 1st quarter. Royal Bank of Canada now owns 247,041 shares of the financial services provider's stock valued at $2,508,000 after purchasing an additional 16,600 shares during the last quarter. Institutional investors 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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