BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.29 and traded as low as $9.71. BlackRock MuniHoldings New York Quality Fund shares last traded at $9.72, with a volume of 79,139 shares trading hands.
BlackRock MuniHoldings New York Quality Fund Stock Performance
The firm's 50-day simple moving average is $9.87 and its 200-day simple moving average is $10.27.
BlackRock MuniHoldings New York Quality Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th will be given a dividend of $0.0515 per share. This represents a $0.62 annualized dividend and a dividend yield of 6.35%. The ex-dividend date of this dividend is Friday, June 13th.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Stephens Inc. AR purchased a new stake in BlackRock MuniHoldings New York Quality Fund during the fourth quarter valued at about $166,000. Focused Wealth Management Inc increased its position in shares of BlackRock MuniHoldings New York Quality Fund by 20.4% during the 4th quarter. Focused Wealth Management Inc now owns 97,261 shares of the financial services provider's stock valued at $1,006,000 after purchasing an additional 16,482 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of BlackRock MuniHoldings New York Quality Fund during the 4th quarter valued at about $1,058,000. PNC Financial Services Group Inc. raised its holdings 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 buying an additional 14,463 shares in the last quarter. Finally, LPL Financial LLC lifted its position 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 buying an additional 4,301 shares during the last quarter. 28.22% of the stock is currently 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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