Bank of America Corp DE increased its position in BlackRock MuniYield New York Quality Fund, Inc. (NYSE:MYN - Free Report) by 16.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 562,629 shares of the investment management company's stock after purchasing an additional 77,915 shares during the quarter. Bank of America Corp DE owned approximately 1.47% of BlackRock MuniYield New York Quality Fund worth $5,671,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of MYN. PFG Investments LLC bought a new position in BlackRock MuniYield New York Quality Fund in the fourth quarter worth approximately $112,000. Tallon Kerry Patrick bought a new stake in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at $122,000. Atria Wealth Solutions Inc. bought a new stake in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at $128,000. Two Sigma Securities LLC bought a new stake in BlackRock MuniYield New York Quality Fund during the 4th quarter valued at $161,000. Finally, Joseph P. Lucia & Associates LLC boosted its position in BlackRock MuniYield New York Quality Fund by 81.0% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 20,963 shares of the investment management company's stock valued at $211,000 after acquiring an additional 9,380 shares in the last quarter. Institutional investors own 29.32% of the company's stock.
BlackRock MuniYield New York Quality Fund Stock Down 0.1%
NYSE MYN traded down $0.01 during midday trading on Thursday, hitting $9.51. 64,611 shares of the company traded hands, compared to its average volume of 93,184. The company's 50-day simple moving average is $9.67 and its 200-day simple moving average is $10.04. BlackRock MuniYield New York Quality Fund, Inc. has a 52 week low of $9.21 and a 52 week high of $10.87.
BlackRock MuniYield New York Quality Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be given a dividend of $0.0512 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.61 annualized dividend and a yield of 6.46%.
About BlackRock MuniYield New York Quality Fund
(
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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