BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - 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 $10.04 and traded as low as $9.50. BlackRock MuniYield New York Quality Fund shares last traded at $9.50, with a volume of 75,172 shares traded.
BlackRock MuniYield New York Quality Fund Trading Up 0.4%
The company has a 50-day moving average of $9.65 and a 200 day moving average of $10.02.
BlackRock MuniYield New York Quality Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a $0.0512 dividend. The ex-dividend date is Thursday, May 15th. This represents a $0.61 annualized dividend and a yield of 6.44%.
Hedge Funds Weigh In On BlackRock MuniYield New York Quality Fund
Several institutional investors have recently bought and sold shares of MYN. Tallon Kerry Patrick bought a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at $122,000. PFG Investments LLC bought a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at $112,000. Allspring Global Investments Holdings LLC raised its position in BlackRock MuniYield New York Quality Fund by 43.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 462,824 shares of the investment management company's stock valued at $4,665,000 after purchasing an additional 140,674 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at $128,000. Finally, Raymond James Financial Inc. bought a new position in BlackRock MuniYield New York Quality Fund in the 4th quarter valued at $577,000. Institutional investors own 29.32% of the company's stock.
About BlackRock MuniYield New York Quality Fund
(
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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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