BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.04 and traded as low as $9.41. BlackRock MuniHoldings New York Quality Fund shares last traded at $9.45, with a volume of 119,610 shares traded.
BlackRock MuniHoldings New York Quality Fund Stock Up 0.7%
The firm has a fifty day moving average price of $9.70 and a 200 day moving average price of $10.02.
BlackRock MuniHoldings New York Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, August 1st. Stockholders of record on Tuesday, July 15th will be issued a $0.0515 dividend. This represents a c) annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Tuesday, July 15th.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of MHN. Raymond James Financial Inc. acquired a new position in BlackRock MuniHoldings New York Quality Fund during the 4th quarter worth $1,058,000. LPL Financial LLC lifted its holdings 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 worth $260,000 after buying an additional 4,301 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in 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 buying an additional 3,810 shares in the last quarter. Broyhill Asset Management acquired a new position in BlackRock MuniHoldings New York Quality Fund during the 4th quarter worth $253,000. Finally, Guggenheim Capital LLC lifted its holdings 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 worth $6,404,000 after buying an additional 28,694 shares in the last quarter. 28.22% of the stock is owned by institutional investors and hedge funds.
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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