BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.11 and traded as low as $9.68. BlackRock MuniHoldings New York Quality Fund shares last traded at $9.71, with a volume of 44,173 shares trading hands.
BlackRock MuniHoldings New York Quality Fund Stock Down 0.2%
The business has a fifty day moving average of $9.81 and a 200 day moving average of $10.11.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be issued a $0.0515 dividend. The ex-dividend date is Tuesday, July 15th. This represents a $0.62 annualized dividend and a yield of 6.37%.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in shares of BlackRock MuniHoldings New York Quality Fund by 32.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,679 shares of the financial services provider's stock valued at $162,000 after acquiring an additional 3,810 shares in the last quarter. LPL Financial LLC increased its stake in BlackRock MuniHoldings New York Quality Fund by 20.7% during the fourth 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. Generation Capital Management LLC acquired a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter worth $119,000. PNC Financial Services Group Inc. lifted its position in shares of BlackRock MuniHoldings New York Quality Fund by 24.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 74,463 shares of the financial services provider's stock worth $770,000 after buying an additional 14,463 shares during the last quarter. Finally, Royal Bank of Canada grew 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 buying an additional 16,600 shares during the last quarter. 28.22% of the stock is owned by institutional investors and hedge funds.
About BlackRock MuniHoldings New York Quality Fund
(
Get Free Report)
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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