BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.33 and traded as low as $9.72. BlackRock MuniHoldings New York Quality Fund shares last traded at $9.74, with a volume of 33,547 shares.
BlackRock MuniHoldings New York Quality Fund Stock Performance
The business has a 50 day moving average of $9.91 and a 200 day moving average of $10.30.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be issued a $0.0515 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.31%.
Hedge Funds Weigh In On BlackRock MuniHoldings New York Quality Fund
A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at $1,058,000. Bank of America Corp DE grew its stake in shares of BlackRock MuniHoldings New York Quality Fund by 49.9% in the 4th quarter. Bank of America Corp DE now owns 442,732 shares of the financial services provider's stock valued at $4,578,000 after buying an additional 147,361 shares during the period. Stephens Inc. AR acquired a new position in BlackRock MuniHoldings New York Quality Fund during the 4th quarter valued at about $166,000. Guggenheim Capital LLC boosted its stake in BlackRock MuniHoldings New York Quality Fund by 4.9% during the 4th quarter. Guggenheim Capital LLC now owns 619,360 shares of the financial services provider's stock valued at $6,404,000 after purchasing an additional 28,694 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in BlackRock MuniHoldings New York Quality Fund by 20.7% during the 4th quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock valued at $260,000 after purchasing an additional 4,301 shares during the last quarter. Institutional investors and hedge funds own 28.22% of the company's stock.
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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