BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.82 and traded as low as $9.41. BlackRock MuniYield New York Quality Fund shares last traded at $9.44, with a volume of 70,123 shares.
BlackRock MuniYield New York Quality Fund Stock Down 0.4%
The firm's 50-day moving average price is $9.51 and its 200 day moving average price is $9.81.
BlackRock MuniYield New York Quality Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 15th will be paid a dividend of $0.0512 per share. This represents a $0.61 annualized dividend and a yield of 6.60%. The ex-dividend date is Tuesday, July 15th.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of MYN. Raymond James Financial Inc. acquired a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter worth $577,000. LPL Financial LLC raised its holdings in BlackRock MuniYield New York Quality Fund by 26.1% during the fourth quarter. LPL Financial LLC now owns 53,448 shares of the investment management company's stock worth $539,000 after buying an additional 11,071 shares during the last quarter. Guggenheim Capital LLC raised its holdings in BlackRock MuniYield New York Quality Fund by 8.1% during the fourth quarter. Guggenheim Capital LLC now owns 825,819 shares of the investment management company's stock worth $8,324,000 after buying an additional 61,533 shares during the last quarter. Two Sigma Securities LLC acquired a new position in BlackRock MuniYield New York Quality Fund during the fourth quarter worth $161,000. Finally, Arnhold LLC raised its holdings in BlackRock MuniYield New York Quality Fund by 8.9% during the fourth quarter. Arnhold LLC now owns 40,400 shares of the investment management company's stock worth $407,000 after buying an additional 3,300 shares during the last quarter. 29.32% of the stock is owned by institutional investors.
About BlackRock MuniYield New York Quality Fund
(
Get Free Report)
BlackRock MuniYield 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 a portfolio of long-term investment grade municipal bonds exempt from federal income taxes and New York State and New York City personal income taxes.
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