Bank of America Corp DE Has $5.67 Million Stake in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN)

Bank of America Corp DE lifted its holdings in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) by 16.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 562,629 shares of the investment management company's stock after buying an additional 77,915 shares during the quarter. Bank of America Corp DE owned 1.47% of BlackRock MuniYield New York Quality Fund worth $5,671,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in BlackRock MuniYield New York Quality Fund during the 4th quarter worth approximately $577,000. Guggenheim Capital LLC boosted its position 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 valued at $8,324,000 after purchasing an additional 61,533 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in BlackRock MuniYield New York Quality Fund by 43.7% during 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 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 during the fourth quarter valued at about $128,000. Finally, LPL Financial LLC lifted its position in shares of BlackRock MuniYield New York Quality Fund by 26.1% during the 4th quarter. LPL Financial LLC now owns 53,448 shares of the investment management company's stock worth $539,000 after purchasing an additional 11,071 shares during the last quarter. 29.32% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniYield New York Quality Fund Trading Up 0.4%

BlackRock MuniYield New York Quality Fund stock traded up $0.03 during trading hours on Friday, hitting $9.54. The stock had a trading volume of 38,306 shares, compared to its average volume of 93,255. BlackRock MuniYield New York Quality Fund, Inc. has a fifty-two week low of $9.21 and a fifty-two week high of $10.87. The company has a 50-day moving average of $9.65 and a two-hundred 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. Investors of record on Thursday, May 15th will be paid a dividend of $0.0512 per share. This represents a $0.61 annualized dividend and a yield of 6.44%. The ex-dividend date is Thursday, May 15th.

BlackRock MuniYield New York Quality Fund Profile

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.