Shares of BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) passed 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.
BlackRock MuniHoldings New York Quality Fund Price Performance
The business has a 50-day moving average of $9.81 and a 200 day moving average of $10.10.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th will be paid a dividend of $0.0515 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date of this dividend is Tuesday, July 15th.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter worth about $1,058,000. Bank of America Corp DE raised its position in shares of BlackRock MuniHoldings New York Quality Fund by 49.9% during 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 acquiring an additional 147,361 shares during the last quarter. Guggenheim Capital LLC boosted its stake in shares of 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 worth $6,404,000 after buying an additional 28,694 shares during the last quarter. LPL Financial LLC raised its holdings 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 valued at $260,000 after acquiring an additional 4,301 shares during the period. Finally, Envestnet Asset Management Inc. boosted 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 worth $162,000 after acquiring an additional 3,810 shares in the last quarter. Institutional investors and hedge funds own 28.22% of the company's stock.
BlackRock MuniHoldings New York Quality Fund Company Profile
(
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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