Cetera Investment Advisers bought a new position in shares of BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 78,542 shares of the investment management company's stock, valued at approximately $780,000. Cetera Investment Advisers owned 0.21% of BlackRock MuniYield New York Quality Fund at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of MYN. Arnhold LLC boosted its position 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 acquiring an additional 3,300 shares during the last quarter. Breakwater Capital Group boosted its holdings in shares of BlackRock MuniYield New York Quality Fund by 16.8% during the 1st quarter. Breakwater Capital Group now owns 64,693 shares of the investment management company's stock worth $642,000 after purchasing an additional 9,316 shares during the last quarter. Joel Isaacson & Co. LLC grew its position in shares of BlackRock MuniYield New York Quality Fund by 44.4% in the first quarter. Joel Isaacson & Co. LLC now owns 32,896 shares of the investment management company's stock valued at $327,000 after purchasing an additional 10,111 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of BlackRock MuniYield New York Quality Fund in the fourth quarter valued at approximately $106,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of BlackRock MuniYield New York Quality Fund in the first quarter valued at approximately $106,000. Institutional investors and hedge funds own 29.32% of the company's stock.
BlackRock MuniYield New York Quality Fund Stock Performance
NYSE MYN traded down $0.06 on Friday, reaching $9.36. 104,289 shares of the company were exchanged, compared to its average volume of 92,268. BlackRock MuniYield New York Quality Fund, Inc. has a fifty-two week low of $9.12 and a fifty-two week high of $10.87. The business's fifty day moving average price is $9.39 and its 200 day moving average price is $9.69.
BlackRock MuniYield New York Quality Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 15th will be given a $0.0512 dividend. The ex-dividend date is Friday, August 15th. This represents a c) dividend on an annualized basis and a yield of 6.6%.
BlackRock MuniYield New York Quality Fund Company Profile
(
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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