Bank of America Corp DE Has $4.58 Million Position in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN)

Bank of America Corp DE lifted its stake in BlackRock MuniHoldings New York Quality Fund, Inc. (NYSE:MHN - Free Report) by 49.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 442,732 shares of the financial services provider's stock after buying an additional 147,361 shares during the period. Bank of America Corp DE owned about 1.46% of BlackRock MuniHoldings New York Quality Fund worth $4,578,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MHN. Raymond James Financial Inc. acquired a new position in BlackRock MuniHoldings New York Quality Fund in the 4th quarter valued at approximately $1,058,000. Stephens Inc. AR bought a new stake in shares of BlackRock MuniHoldings New York Quality Fund during the fourth quarter valued at approximately $166,000. Guggenheim Capital LLC raised its stake in shares of BlackRock MuniHoldings New York Quality Fund by 4.9% in the fourth quarter. Guggenheim Capital LLC now owns 619,360 shares of the financial services provider's stock valued at $6,404,000 after purchasing an additional 28,694 shares in the last quarter. LPL Financial LLC lifted its position in BlackRock MuniHoldings New York Quality Fund by 20.7% in the fourth quarter. LPL Financial LLC now owns 25,115 shares of the financial services provider's stock worth $260,000 after purchasing an additional 4,301 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in BlackRock MuniHoldings New York Quality Fund by 32.1% during the fourth 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. 28.22% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniHoldings New York Quality Fund Trading Up 0.2%

BlackRock MuniHoldings New York Quality Fund stock traded up $0.02 on Friday, hitting $9.79. The company's stock had a trading volume of 19,774 shares, compared to its average volume of 62,979. BlackRock MuniHoldings New York Quality Fund, Inc. has a one year low of $9.52 and a one year high of $11.20. The company has a fifty day moving average price of $9.91 and a 200-day moving average price of $10.30.

BlackRock MuniHoldings 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 dividend of $0.0515 per share. The ex-dividend date is Thursday, May 15th. This represents a $0.62 annualized dividend and a dividend yield of 6.31%.

BlackRock MuniHoldings New York Quality Fund Company Profile

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.