BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Get Free Report)'s share price 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 $9.50. BlackRock MuniYield New York Quality Fund shares last traded at $9.50, with a volume of 75,172 shares trading hands.
BlackRock MuniYield New York Quality Fund Stock Down 0.8%
The business's 50 day moving average is $9.68 and its 200-day moving average is $10.04.
BlackRock MuniYield New York Quality Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Thursday, May 15th will be given a $0.0512 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date of this dividend is Thursday, May 15th.
Institutional Investors Weigh In On BlackRock MuniYield New York Quality Fund
Hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter valued at about $577,000. Guggenheim Capital LLC raised its position in shares of BlackRock MuniYield New York Quality Fund by 8.1% in the fourth quarter. Guggenheim Capital LLC now owns 825,819 shares of the investment management company's stock valued at $8,324,000 after buying an additional 61,533 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of BlackRock MuniYield New York Quality Fund by 43.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 462,824 shares of the investment management company's stock valued at $4,665,000 after buying an additional 140,674 shares during the last quarter. Atria Wealth Solutions Inc. acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter valued at about $128,000. Finally, LPL Financial LLC raised its position in shares of BlackRock MuniYield New York Quality Fund by 26.1% in the fourth quarter. LPL Financial LLC now owns 53,448 shares of the investment management company's stock valued at $539,000 after buying an additional 11,071 shares during the last quarter. 29.32% of the stock is currently owned by institutional investors and hedge funds.
BlackRock MuniYield New York Quality Fund Company Profile
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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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